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 purposes
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Location Description

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.

Sizes and Measurements

Total Size

6,985sqft

Sales Area

949sqft

Gross Frontage Width

22 ft 2 in

Net Frontage Width

18 ft 6 in

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

949sqft

Status

Available

Available from

Now

Basement Sales

Details

Non-Sales

Size

1,166sqft

Status

Available

Available from

Immediately

Sub-Basement Ancillary

Details

Non-Sales

Size

1,165sqft

Status

Available

Available from

Immediately

Mezzanine & First Floor

Details

Non-Sales

Size

973sqft

Status

Available

Available from

Immediately

Second Floor Offices

Details

Non-Sales

Size

682sqft

Status

Available

Available from

Immediately

Third Floor Offices

Details

Non-Sales

Size

716sqft

Status

Available

Available from

Immediately

Fourth Floor Offices

Details

Non-Sales

Size

731sqft

Status

Available

Available from

Immediately

Fifth Floor Staffroom

Details

Non-Sales

Size

603sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

24/03/2022

Lease type

Assignment

For rent

£800,000/pa

UBR

51.3p

Ratable Value

£615,000.00

Business Rates

£315,495/pa

Floorplan

Photos

Map Data
Map data ©2018 Google
Map DataMap data ©2018 Google
Map data ©2018 Google
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