The premises are arranged over ground and lower ground floor and comprise the following approximate net internal areas. Tenure The premises are available by way of an assignment of the existing lease expiring 25 December 2026. There is a Tenant break clause at 25 December 2021 to provide additional flexibility. Rent £78,000 per annum exclusive Terms Offers are invited for the leasehold interest. Alternatively, the landlord may be prepared to grant a new lease, subject to vacant possession. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £55,500 and the rates payable are £27,972 pa. The UBR for 2019/2020 is 50.4p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The subject property is situated in a prime location on Shepherd Market in the affluent area of Mayfair. The area is predominantly occupied by a variety or independent restaurants and bars, such as Shepherd Market Wine House, L’Eto Mayfair, Le Boudin Blanc, and Yazi sushi.