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UNDER OFFER RETAIL UNIT AVAILABLE TO LET IN BELGRAVIA.
Property DetailsEPCThe EPC rating is D.Rent£82,500 paxRateable Value£90,000Rates Payable£46,170 (2018-2019)TermsThe unit will be available on standard Grosvenor terms. Any lease will be gr anted outside the security of tenure provisions of the Landlord and Tenant Act 1954.ViewingsStrictly by appointment through the sole agent.
Planning Usage: A1 Retail / ShopsMOTCOMB STREET PLAYS HOME TO THE FUTURE OF FASHION THROUGH COMBINING UP-AND-COMING BOUTIQUE BRANDS WITH LUXURY DESIGNERS RENOWNED THE WORLD OVER. THE CURRENT LINE-UP INCLUDES: ERES, CHRISTIAN LOUBOUTIN AND CAROLINA BUCCI – WHO HAS RECENTLY UPSIZED TO A BIGGER STORE JUST A FEW DOORS DOWN.THERE ARE MANY PLACES TO DISCOVER AND ENJOY WITHIN THE STREET, INCLUDING NEIGHBOURHOOD CAFES AND RESTAURANTS SUCH AS FOODIE-FAVOURITE, OTTOLENGHI. THE SOON-TO-BE LAUNCHED SIX FLOOR PANTECHNICON BUILDING WILL ALSO SERVE AS A DESTINATION FOR FASHION, ART AND CULTURE, AS WELL AS RETAIL AND RESTAURANTS. IN MORE RECENT MONTHS THE STREET HAS PLA YED HOST TO POPUPS, INCLUDING THE LIKES OF THE BURGEONING LONDON BRAND – AND FASHION EDITOR FAVOURITE – SHRIMPS.2018 MARKS AN EXCITING YEAR FOR MOTCOMB STREET WITH THE LAUNCH OF AN UNPRECEDENTED ARTS, CULTURE AND FASHION PROGRAMME; INCLUDING THE ‘BELGRAVIA IN BLOOM’ EVENT IN PARTNERSHIP WITH THE V&A AND A HANDFUL OF EXCITING COLLABORATIONS WITH THE LIKES OF LUKE EDWARD HALL.Grosvenor is grounded by its ‘Living cities’ strategy that endeavours to create, invest and manage an inter nationally diversified group of proper ties and places that contribute to the enduring success of cities.A core asset to this portfolio is the London Estate , first developed in the early 18th century and still actively managed today. Belgravia and Mayfair now have a global reputation, reflecting their position for centuries as being amongst the most desirable residential quarters of London. Today they are truly evolving retail destinations – to maintain that reputation Grosvenor constantly seeks to improve these neighbourhoods, refreshing buildings and nurturing the public realm to actively create a sense of place .Recognising the quality of the architecture and intimate scale of Motcomb Street, Grosvenor recently undertook a public realm improvement project to prioritise pedestrian access, allow for outdoor seating and future animation of the street. The works extend to Kinnerton Street and in 2018, improvements will also be made to the Halkin Arcade.The upgrades have allowed for ultrafast broadband to be installed, with free public Wi-Fi access within the area local to the public realm improvements.DEMOGRAPHICS:27% Highest earning consumers51% Affluent younger consumers49% Male51% Female41% WorkerDWELL TIME:45minsTOURIST GROUPS:19% USA9% France8% Germany7% Italy5% Canada
14 Motcomb Street,
London SW1X 8JU
TransportKnightsbridgePiccadillyHyde Park CornerPiccadilly
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.