Overview

The premises are arranged on ground and first floor to provide the following approximate areas and dimensions. Tenure A new Effective Full Repairing and Insuring lease is available for a term to be agreed. The lease will be contracted outside of the Security of Tenures Provisions of the Landlord & Tenant Act 1954 Part II. The lease will be subject to an upward only rent review at the anniversary of each 5th year. Quoting Rent £395,000 per annum exclusive. Rates We understand from the VOA website that the current rateable value for the premises is £253,394 with rates payable of circa £132,778 pa based on the 2019/2020 UBR of 52.4p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

An International retail destination housing the most important and successful retailers in the world. The location provides an affluent tourist, residential and office population/catchment and a trading address that's second to none. The premises are adjacent to Philipp Plein and Mephisto. Other retailers close by include Anne Fontaine, Johnston's of Elgin, Bonham's, Victorinox, Galleries Bartoux, Z Zegna and Russell & Bromley. The subject unit is directly opposite a retail/office development that includes a new Tube entrance serving the new Elizabeth Line Station.

Sizes and Measurements

Total Size

1,789sqft

Sales Area

788sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

788sqft

Status

Available

Available from

Now

Basement sales

Details

Non-Sales

Size

760sqft

Status

Available

Available from

Immediately

Basement Vaults

Details

Non-Sales

Size

241sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

New

For rent

£395,000/pa

UBR

52.4p

Rateable Value

£253,394.00

Business Rates

£132,778.46/pa

Floorplan

GOAD FOR DETAILS

Photos

LORIBLU