High Street Retail Property to Rent, 74 Queensway, , W2 3RL - CBRE Commercial

Overview

The premises are arranged over ground and basement floors and comprise the following approximate net internal areas.  There is access to the basement at the front and rear of the premises.  Subject to all consents, the front staircase could be filled in to increase the GF sales area. Tenure The premises are available by way of an assignment of the existing lease expiring 23rd June 2023.   Alternatively, the premises are available by way of a sub-lease. Rent The passing rent is £86,000 per annum exclusive. Rates We understand that the current Rateable Value of the shop is £74,000.00 and the rates payable are £38,776.00 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

The property is located in the middle of Queensway, opposite Bayswater Underground Station providing connections across London on the District and Circle Lines.  The property is a short walk from Queensway Underground Station providing connections across London via the Circle Line.  Together the two stations have approximate entry and exit figures of 13.2 million pa. Nearby occupiers include Burger King, McDonald's, Tesco Express, Barclays Bank and Carphone Warehouse.

Sizes and Measurements

Total Size

1,200sqft

Sales Area

578sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

578sqft

Status

Under offer

Available from

Now

Basement

Details

Non-Sales

Size

622sqft

Status

Under offer

Available from

Immediately

Lease Information & Charges

Lease End

23/06/2023

Lease type

Assignment

For rent

£86,000/pa

UBR

52.4p

Rateable Value

£74,000.00

Business Rates

£38,776/pa

Floorplan

LONDON BAYSWATER 74 QUEENSWAY

Photos

LONDON QUEENSWAY 74 BAYSWATER