NEW LEASE AVAILABLE
The premises are arranged over ground floor and basement levels and provide the following approximate dimensions and areas: Tenure The property is available by way of a new sublease for a term of 6 years. There will be an open market rent review in May 2020. The lease will be contracted outside the Security of Tenure provisions of the Landlord and Tenant Act 1954 Part II as amended. Quoting Rent £700,000 per annum exclusive Premium No Premium required. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £475,000 and the rates payable are £243,675.00. The UBR for 2018/2019 is 51.3p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
Bond Street is one of the World's leading luxury destinations and the entire street is currently being enhanced by new public realm works. The subject premises are adjacent to Daks and Omega. Other retailers in the vicinity include Alexander McQueen, Dolce & Gabbana, Cartier, Valentino, Gucci, Jaeger-LeCoultre and Bottega Veneta. The new Michael Kors store is to open at No 9 and Richard Mille has agreed terms on the existing Alexander McQueen store at 4/5 Old Bond Street.