High Street Retail Property to Rent, 50 Shepherd Market, , W1J 7QS - CBRE Commercial

Overview

To Let

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 purposes
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Location Description

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.

Sizes and Measurements

Total Size

470sqft

Sales Area

470sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

383sqft

Status

Available

Available from

Now

Lower Ground Floor

Details

Retail

Size

87sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

25/12/2026

Lease type

Assignment

For rent

£78,000/pa

UBR

50.4p

Rateable Value

£55,500.00

Business Rates

£27,972/pa

Floorplan

GOAD

Photos

SHEPHERD MARKET 50 - PHOTO