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For Rent

Covent Garden

9 Mercer Street, WC2

Availability (1)

1,274 Ft2

P.O.A /a

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  1. Information
  2. Map
  3. Area & Transport
  4. E.P.C
  5. Other Documents
  1. Introduction

    RETAIL UNIT TO LET IN COVENT GARDEN

    Property Details

    Accomodation
    The shop is arranged over ground floor.
    Terms
    The property is available by way of a new effectively full repairing and insuring lease for a term to be agreed. The lease will be contracted outside the security of tenure and compensation provisions of the Landlord and Tenant Act 1954 Part II (as amended).
    Rates
    We are verbally advised by the local authority that the premises have been assessed for rating purposes as follows: Rateable Value: £155,000 UBR: 49.9p Rates Payable: £77,345 Transitional relief may be available and interested parties are advised to verify the above with the local authority.
    Rent
    On application.
    Service Charge
    Approximately £18,935 per annum. Insurance is estimated at £999.
    Legal Costs
    Each party is to be responsible for its own legal costs incurred with the connection of this letting.
    EPC
    The property has an EPC rating of C-61.
    St Martin’s Courtyard: The Future
    Permission has been granted for significant investment in St Martin’s Courtyard; to include improving the public spaces, newly designed entrances to the main courtyard and a new and enhanced restaurant with outside terrace overlooking the central retail space.

    Description

    Planning Usage: A1 Retail / Shops

    The shop is located on Mercer Street at the entrance of St Martin’s Courtyard and opposite the new Mercers Walk development. The area is home to a number of restaurants and eateries including Timberyard, Dishoom, Bills, Dalla Terra and the soon to open Temper. Nearby retailers include H&M, Snow & Rock, White Company, Pretty Ballerinas, Blow, Rohan and Le Bab.

    Amenities

    1. APPROXIMATELY 1,300 SQ FT FOR RETAIL SPACE WITH POTENTIAL OUTDOOR SEATING
    2. OVER 400 OFFICES WITHIN 5 MINS WALK
    3. NEARBY CROSSRAIL STATION ANTICIPATED TO SERVE 108 MILLION PASSENGERS ANNUALLY BY 2026
    4. 128M ANNUAL STATION FOOTFALL IN 10 MINS WALK
    5. OVER 6,800 LOCAL RESIDENTS WITHIN A 5 MIN WALK
    6. COVENT GARDEN IS HOME TO APPROXIMATELY 10 MILLION SQ FT OF OFFICES

    Availability (1)

    FloorSize (Ft2 | M2)Rent (/a | /Ft2)S/Charge (/a | /Ft2)Rates (/a | /Ft2)Total /aPlanning UsageStatus
    Ground Floor1,274P.O.A£18,935£77,345P.O.AA1Available
    Total / Avgs.1,274T.B.C£18,935£77,345T.B.C
  2. Location

    9 Mercer Street,
    London WC2

  3. Transport

    Covent Garden
    Piccadilly
  4. E.P.C

    To be provided in due course.

  5. Other Documents

    Marketing Brochure

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.
Paul Souber - Colliers London
Paul Souber
Head of Retail Agency - London

020 7344 6870

paul.souber@colliers.com