Overview

LEASE FOR SALE

The premises are arranged over ground floor and basement levels and provide the following approximate dimensions and areas: Tenure The property is held on a full repairing and insuring lease (INSIDE the Act) expiring in May 2025. Rent £528,900 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 £475,000 and the rates payable are £248,900 pa. The UBR for 2019/2020 is 52.4p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

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.

Sizes and Measurements

Total Size

966sqft

Sales Area

430sqft

Gross Frontage Width

16 ft 6 in

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

430sqft

Status

Available

Available from

Now

Basement (Poss Sales)

Details

Non-Sales

Size

262sqft

Status

Available

Available from

Immediately

Basement Storage

Details

Non-Sales

Size

180sqft

Status

Available

Available from

Immediately

Basement Vaults

Details

Non-Sales

Size

94sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

01/05/2025

Lease type

Assignment

For rent

£528,900/pa

UBR

52.4p

Rateable Value

£475,000.00

Business Rates

£248,900/pa

Floorplan

LONDON - 11 OLD BOND STREET

Photos

LONDON - OLD BOND STREET 11
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