Rent Subject to contract rental offers are invited in the region £175,000 per annum exclusive of rates, (VAT if applicable) and all other outgoings.
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).
Accomodation The property is arranged over the ground, first and basement retail floors with self-contained offices at the 2nd and 3rd floors.
Rates We are verbally advised by the local authority that the premises have been assessed for rating purposes as follows: Rateable Value (2017): £154,000 Uniform Business Rate (2018/2019): 51.3p Rates Payable (2018/2019): £79,002
EPC 64 - Band C (51-75)
Service Charge and Insurance
Service Charge and Insurance The service charge for the current financial year is estimated at £17,340. The insurance is estimated at £1,840.
Legal Costs Each party to bear its own costs.
Planning Usage: A1 Retail / Shops
One of Central London’s most vibrant districts, Carnaby is a lifestyle destination encompassing 13 streets, 150 shops and more than 50 independent restaurants, cafes, bars and pubs. The area is globally renowned for trend focused retailing.
The Newburgh Quarter is located within Carnaby and is a hive of cutting edge activity offering innovative retail concepts and handcrafted independent stores. Home to one off brands, unique lifestyle and dining
experiences and flagship shops including The Ragged Priest, Red Wing, Cubitts, Levi’s Vintage, Filson, Shinola and Onitsuka Tiger.
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.