FLAGSHIP BUILDING - PRIME SHOP LEASE FOR SALE
The premises are arranged over Ground and Basement levels for retailing, plus a showroom at First Floor which has been used for sales along with second, third and fourth floor as offices. The 5th floor is currently used as the staffroom. Tenure The entire building is held on a full repairing and insuring lease expiring in March 2022 at a rental of £800,000 per annum exclusive. Premium Offers are invited for the benefit of the leasehold interest. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £615,000.00 and the rates payable are £315,495.00 pa. The UBR for 2018/2019 is 51.30p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The shop occupies a 100% prime location immediately adjacent to Stuart Weitzman and the new Coach Flagship on the eastern side of Regent Street. Other quality retailers in the vicinity include Hugo Boss, Kate Spade, Church Shoes, Links of London and Michael Kors. Hamleys is adjacent on the southern side.