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For Rent

Covent Garden

36 Long Acre, WC2

Availability (1)

2,337 Ft2

£330,000 /a

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

    A1 LEASE FOR SALE DUE TO RELOCATION

    Property Details

    Tenure
    Available by way of an assignment of the existing lease expiring on 31st October 2024. The lease is held within the security of tenure and compensation provisions of the Landlord & Tenant Act 1954. The next rent review is on the 1st November 2019. Further details available upon request.
    Rent
    The passing rent is £330,000 oer annum exclusive of rates, service charge and VAT (If applicable)
    Use
    The property benefits from Use A1 of the Town & Country Planning (Use Classes) Order 1987.
    Rates
    We have been advised by the Local Authority that the premises are assessed for rating purposes as follows: Rateable Value 2017 £315,000 UBR (2018/19) 51.3p Rates Payable £161,595 Prospective tenants are advised to confirm any rating liability directly with the Local Authority.
    Costs
    Each party is to be responsible for their own legal and all other professional costs incurred in the transaction.
    EPC
    Available upon request.
    Accomodation
    The premises are arranged over ground, basement and first floors.

    Description

    Planning Usage: A1 Retail / Shops

    The shop is located in prime position on Long Acre, benefitting from consistently high levels of pedestrian flow in this world renowned shopping destination.  The shop is adjacent to Muji and Les Nereides Jeweller, with Levis, Arket, Reiss, Russell & Bromley, and Gap located nearby.

    The property benefits from being within very close proximity to Covent Garden Underground Station.


    Availability (1)

    FloorSize (Ft2 | M2)Rent (/a | /Ft2)S/Charge (/a | /Ft2)Rates (/a | /Ft2)Total /aPlanning UsageStatus
    Ground Floor1,098£330,000T.B.C£161,595T.B.CA1Available
    First Floor565A1
    Basement Sales565A1
    Basement Vaults109A1
    Total / Avgs.2,337£330,000T.B.C£161,595T.B.C
  2. Location

    36 Long Acre,
    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.
Harry Elliott
Graduate Surveyor

+44 20 7344 6825

harry.elliott@colliers.com