PRIME SHOP LEASE FOR SALE

The premises are arranged over ground floor and basement and provide the following approximate internal floor areas: Tenure The premises are available by way of assignment of an existing full repairing and insuring lease expiring 23rd June 2021. The lease is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954. Rent £103,052 per annum exclusive. Possession Immediate upon completion of legal formalities. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £88,000 and the rates payable are £45,144. The UBR for 2018/2019 is 51.3p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Chelsea is an affluent residential district and boasting one of the world’s most popular retail and leisure destinations. It is home to key occupiers including Peter Jones Department Store, Marshall Wace (hedge fund), the Saatchi Gallery and Raffles Private Members Club. The property is located on a prominent stretch amongst a premium shopping district of King’s Road. It is adjacent to Sandro and opposite Sweaty Betty, India Jane and Anthropologie. Other retailers in the vicinity include Ash, Maje, Dinny Hall, Claudie Pierlot and Zadig and Voltaire.

Sizes and Measurements

Total Size

550sqft

Sales Area

550sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

550sqft

Status

Under offer

Available from

Now

Lease Information & Charges

Lease type

Assignment

For rent

£103,052/pa

UBR

51.3p

Ratable Value

£88,000.00

Business Rates

£45,144/pa

Specification

  • INTERNATIONALLY RENOWNED ADDRESS
  • c. 3 YEARS UNTIL EXPIRY

Floorplan

LONDON - 188A KINGS ROAD

Photos

LONDON - 188A KINGS ROAD

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