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DOUBLE FRONTAGE UNIT TO LET WITHIN CLOSE PROXIMITY TO MARBLE ARCH & EDGWARE ROAD UNDERGROUND STATION. The premises are located on the southern side of Edgware Road which has recently benefited from a number of developments, including Marble Arch House, Marble Arch Tower and the proposed Regents House which will accommodate 56,000 sq ft of mixed-use space.
Property DetailsLEASE TERMThe property is available by way of a new effectively FR&I lease for a term to be agreed. The lease will be contracted outside the Security of Tenure and Compensation provisions of the Landlord & Tenant Act 1954 (as amended).RENTRental offers in excess of £135,000 per annum exclusive of rates, service charge and VAT (if applicable)USEOur client will consider all uses within the new ‘Use Class E’ of the Use Class Order (as amended) including restaurant use, subject to a viable extraction route being achieved.BUSINESS RATESWe have been advised by the Local Authority that the premises are currently exempt from paying business rates until 1st April 2021. For guidance purposes the current rateable value for the property is £133,000. With rates payable (yr 20/21) of £70,756. Prospective tenants are advised to confirm any rating liability directly with the Local Authority.LEGAL COSTSEach party is to be responsible for their own professional costs incurred in the transaction.EPCEPC certificate available upon request.
117-119 Edgware Road,