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A1 RETAIL SHOP TO LET
Property DetailsTenureThe shop is available to let by way of a new lease for a term to be agreed. In accordance with other lettings in Carnaby the lease will be contracted outside the security of tenure and compensation provisions of the Landlord & Tenant Act 1954 Part II (as amended).Insurance / Service ChargeThe service charge for the current financial year is estimated at £8,000. The insurance is estimated at £500.RentSubject to contract rental offers are invited in the region of £75,000 per annum exclusive of rates, (VAT if applicable) and all other outgoings.RatesWe are verbally advised by the local authority that the premises have been assessed for rating purposes as follows: Rateable Value (2015) £53,000 Uniform Business Rate (2018/2019) 49.3p Rates Payable (2018/19) £26,129 Interested parties are advised to verify the above with the local authority.EPC117 - Band E (101-125)Legal CostsEach party to bear its own costs in connection with this transaction.
Planning Usage: A1 Retail / ShopsOne of Central London’s most vibrant districts, Carnaby is a lifestyle destination encompassing 14 streets, 100 shops and more than 60 independent restaurants, cafés, 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 MAC, Cowshed, Barbour, The Ragged Priest, Cubitts, Levi’s Vintage, Filson, Shinola and the latest openings from Mühle and Red Wing Women’s. Now is your chance to join them.
3 Newburgh Street,
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.