Luxury retail opportunity in the heart of Bond Street
The premises comprise of the following approximate dimensions and areas; Tenure The premises are held on a lease expiring January 2028 at a passing rent of £1.6 million per annum exclusive. The lease is contracted inside the provisions of the Landlord & Tenant Act. Premium Substantial premium offers are invited for the leasehold interest. Rates We understand from the VOA website that the current Rateable Value of the shop is £845,000 and the rates payable are £442,780 pa. The UBR for 2019/2020 is 52.4p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The property is situated prominently on New Bond Street - Mayfair, cornering New Bond street and Grosvenor Street. This location will be directly opposite Versace's new flagship and close to Brunello Cucinelli's and Celine's new flagship stores. Nearby retailers include Loewe, Smythson, Roger Vivier, Azzedine Alaia, Wempe Zegna, Fendi and Chloe.