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The property is located on the western side of Strand between Trafalgar Square and Somerset House and opposite Charing Cross Station. The immediate location also benefits from high tourist footfall and is home to a number of the West End renowned theatres including The Savoy and The Adelphi. Nearby operators include TM Lewin, Scribbler, Jigsaw, Superdrug, Sainsbury’s, Leon, Pret A Manger and Five Guys.
Property DetailsTENUREThe property is available by way of an assignment of an existing lease which expires on 28th September 2025, with a tenant break in September 2020. The lease is contracted outside the Security of Tenure and Compensation provisions of the Landlord and Tenant Act 1954 as amended.PASSING RENT£112,940paxRATESWe 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 £95,500. Prospective tenants are advised to confirm any rating liability directly with the Local Authority.
TransportCharing CrossBakerloo, NorthernEmbankmentDistrict, Bakerloo, Northern, Circle
To be provided in due course.