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.Less
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.