Commercial Property for Rent in West End - 469 Oxford Street, London W1 - Colliers International | Retail & Restaurants

West End

469 Oxford Street, W1
  1. For Rent
  2. Availability (1)
  3. 9,288 Ft2
  4. £1,743,750 /a
  1. Information
  2. Map
  3. Area & Transport
  4. E.P.C
  5. Other Docs
  1. AN ICONIC RETAIL LOCATION

    Property Details

    Tenure Tenure
    The property is available by way of an assignment of the existing effective FRI lease expiring 23rd June 2027. The lease is contracted inside the security of tenure & compensation provisions of the L&T Act 1954. The next rent review is in June 2022 subject to annual RPI Indexation (capped at 12.5% over 5 year period).
    Sublease Sublease
    The property is also available by way of a sub-lease. Further information available upon request.
    Rent Rent
    The current passing rent is £1,743,750 per annum exclusive.
    Incentives Incentives
    Incentives available subject to covenant.
    Rates Rates
    We understand from the Valuation Office Agency that the Rateable Value for the property is £1.63m and the rates payable in 2018 will be £695,000 (this figure takes into account transitional rate relief). The Uniform Business Rate for 2018/2019 is 51.3p. Interested parties are advised to make their own enquiries with the local authority for verification purposes.
    EPC EPC
    An Energy Performance Certificate is available upon request.

    Description

    Planning Usage: A1 Retail / Shops

    A unique, 9,000 sq ft flagship opportunity for retailers to secure
    prime space within the world renowned Oxford Street, located diagonally opposite Selfridges; one of the world’s most famous
    department stores.

    Oxford Street is ranked as the most important retail location in the UK and the busiest shopping street in Europe, attracting over half
    a million daily visitors.

    North of Mayfair & West of New Bond Street, this is a location for an International flagship store within the iconic Park House with 3 level trading and an impressive visibility to Oxford Street and a rare opportunity to position your brand alongside other successful, international retailers. 

    A protected lease is available within the security of tenure provisions of the Landlord & Tenant Act 1954.

    Crossrail is projected to increase the rail capacity in London by 10% bringing another 1.5 million people within 45 minutes of the capital (Source: Crossrail.co.uk)

    Availability (1)

  2. Location

    469 Oxford Street,
    London W1

    View on Google Map
  3. Transport

    Marble Arch
    1. Central
    Bond Street
    1. Central, Jubilee

  4. E.P.C to be provided in due course.

  5. Other Documents

    1. Marketing Brochure

Your Contacts

Should you require any further information then please do not hesitate to contact any of the agents listed below
Misrepresentation Act
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.