LEASEHOLD INTEREST FOR SALE

The premises comprise the following approximate dimensions and net internal floor areas: Tenure The premises are available by way of assignment of an existing FRI lease expiring 25 March 2033. The passing rent is £4,030 per annum exclusive Quoting Price (Option 1 - Sale of Leasehold Interest) Offers in excess of £5,000,000 for the leasehold interest. Quoting Rent (Option 2 - Sublease) £400,000 per annum exclusive Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £317,500 and the rates payable are £158,432.50. The UBR for 2017/2018 is 49.9p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

The subject unit is located at the southern end of Strand, directly opposite The Royal Courts of Justice. Occupiers within close proximity include Pret A Manger, Roka Restuarant, Soho London Coffee, Radio Rooftop Bar, The Delaunay and Tesco Express. There are a number of world famous Hotels within the area, most notably The Waldorf Hilton.
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Sizes and Measurements

Total Size

13,672sqft

Sales Area

5,320sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

5,320sqft

Status

Available

Available from

Now

Mezzanine

Details

Non-Sales

Size

820sqft

Status

Available

Available from

Immediately

Upper Basement

Details

Non-Sales

Size

4,485sqft

Status

Available

Available from

Immediately

Lower Basement

Details

Non-Sales

Size

3,047sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Available from

Immediately

Lease End

25/03/2033

Lease type

Assignment

For rent

£4,030/pa

UBR

49.9p

Ratable Value

£317,500.00

Business Rates

£158,432.50/pa

Floorplan

Photos

LONDON STRAND 222

Map Data
Map data ©2017 Google
Map DataMap data ©2017 Google
Map data ©2017 Google
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