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The property is located in a fantastic trading position on the junction of Oxford Street and Tottenham Court Road. It is situated directly opposite the Underground Station and new Crossrail station which is due to open in 2021. The immediate vicinity will hugely benefit from a number of developments including Centrepoint & St Giles Square, Soho Place and The Outernet. Nearby operators include McDonald’s, Russell & Bromley, Ecco, Primark, Office, Five Guys and the recently opened Arcade Food Theatre.
Property DetailsPASSING RENT£700,000paxRATESWe have been advised by the Local Authority that the premises are currently exempt from paying business rates until 31st March 2021. For guidance purposes the current rateable value for the property is £555,000 Prospective tenants are advised to confirm any rating liability directly with the Local AuthorityTENUREThe property is available by way of an assignment of an existing lease which expires on 23rd June 2025. The lease is contracted outside the Security of Tenure and Compensation provisions of the Landlord and Tenant Act 1954 as amended.
4 Oxford Street,
TransportTottenham Court RoadCentral, NorthernOxford CircusBakerloo, Central, Victoria
To be provided in due course.