Accomodation The premises are arranged over the ground floor and provides an approximate net internal floor area of 1,247 sq ft.
Tenure The shop is available to let by way of a new effectively full repairing and insuring lease for a term to be agreed. In accordance with the other lettings on Carnaby, the lease will be contracted outside of the security of tenure and compensation provisions of the Landlord & Tenant Act 1954 Part II (as amended).
Rent Subject to contract, rental offers are invited in the region of £190,000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Legal Costs Each party is to be responsible for it’s own legal costs incurred in connection with this letting.
Service Charge and Insurance
Service Charge and Insurance The service charge for the current financial year is estimated at £12,000. The insurance is estimated at £1,200.
Rates We are verbally advised by the local authority the premises have been assessed for rating purposes as follows: Rateable Value: £137,000 UBR (2017/2018): 49.9p Rates Payable: £68,363 Interested parties are advised to verify the above with the local authority.
Planning Usage: A1 Retail / Shops
The most vibrant shopping district in London’s West End, Carnaby is a leading lifestyle destination encompassing 14 streets, over 100 shops and more than 60 independent restaurants, cafés, bars and pubs. Carnaby is globally renowned for trend focused retailing and diverse shopping and leisure experiences with major global flagships, cutting edge concept stores and independent boutiques including Sweaty Betty, adidas Originals, size?, Shinola, G.H Bass & Co, Swatch, MOSCOT, Finlay & Co, and G-SHOCK.
Carnaby is also home to many eateries and restaurants including Le Bab, Pastaio, The Rum Kitchen, The Good Egg and Bread Ahead.
These particulars do not form part of any offer of contract. They are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to their accuracy. Unless otherwise stated, all prices/rents are quoted exclusive of vat. All terms and information provided is subject to contract & without prejudice.