SHOP LEASE FOR SALE
The premises are arranged over Ground Floor and Basement and provide the following approximate areas: Tenure Assignment of the existing lease which expires 24 December 2022, subject to rent review 25 December 2017. The lease is contracted outside the Security of Tenure provisions of the 1954 Landlord & Tenant Act (Part II) as amended. Rent The passing rent is £110,000 per annum exclusive of rates, insurance and VAT (if applicable). Premium Offers invited. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £117,000.00 and the rates payable are £60,021.00 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 is prominently positioned on the north side of Beak Street, between the junction of Carnaby Street and Lexington Street. Nearby retailers include Paul Smith, Rag & Bone Le Labo, Aesop, Officine Generale, Fernandez & Wells and APC.