SHOP LEASE FOR SALE
The unit is arranged over ground floor and basement and provide the following approximate dimensions and areas: Tenure The premises are available by way of assignment of an existing effective full repairing and insuring lease expiring 27 June 2026, subject to 5 yearly rent reviews. The lease is contracted inside the Landlord & Tenant Act 1954. Rent £431,700 per annum exclusive Premium Premium offers invited Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £345,000 and the rates payable are £180,780 pa. The UBR for 2019/2020 is 52.40p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The property occupies an excellent trading position on the west side of the street, close to Knightsbridge Underground Station (Piccadilly Line). The shop is adjacent to Jahan Jewellers, with other nearby retailers including Patek Philippe, Roger Vivier, Tom Ford, Balenciaga and Dolce & Gabanna Kids.