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Retail Unit To Let In The Vibrant Shopping District of Soho
Property DetailsTenureThe 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).Service Charge & InsuranceThe service charge for the current financial year is estimated at £20,000. The insurance is estimated at £2,000.Legal CostsEach party is to be responsible for its own legal costs incurred in connection with this lettingRatesWe are verbally advised by the local authority the premises have been assessed for rating purposes as follows: Rateable Value (2017) £218,000 UBR (2019/2020) 52.4p Rates Payable (2019/2020) £144,232 Interested parties are advised to verify the above with the local authority.RentSubject to contact, rental offers are invited in the region of £422,500 per annuum exclusive of rates, service charge, insurance, VAT (if applicable) and all other outgoings.
Planning Usage: A1 Retail / ShopsCarnaby is a 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. Thrillingly original and fearlessly independent, Carnaby is famous for major global flagships, cutting edge concept stores and independent boutiques including Scotch & Soda, Descente, ELEVENPARIS, New Era, Filson, Monki, Shinola, Cheap Monday and Dr Martens. The Kooples, Size? and MAC have all recently upsized in Carnaby. Carnaby is also home to many eateries and restaurants including Señor Ceviche, The Rum Kitchen, Flat Iron, Pizza Pilgrims, Dishoom, Dirty Bones, SHOTGUN and Polpo.
44 Carnaby Street,
London W1F 9PT
TransportOxford CircusBakerloo, Central, VictoriaPiccadilly CircusBakerloo, PiccadillyBuses12, 88, 94, 159, 453, N3, N109, N136
To be provided in due course.
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.