Retail Property (high street) for sale

68-70 Southampton Row, London, WC1B

Sold STC 776–1,464 sq. ft. | £82,500

Property Description

Commercial information

  • Business for sale
  • 776 sq ft (72 sq m)
  • Use class orders: A1 Shops and A2 Financial and Professional Services

Key features

  • High Footfall
  • A1/A2 Opportunity
  • Holborn
  • Underground Stations Nearby
  • Prime Location
  • Many Hotels Close By

Full description

Tenure: Leasehold

LOCATION:
The premises are located on the east side of Southampton Row. The parade includes well known multiple retailers such as Cafe Nero, Costa Coffee, Greggs, Pizza Express, Starbucks, Ryman, Sainsbury's and the Doubletree by Hilton Hotel. The unit is next door to the Holland and Barrett.

ACCOMMODATION:
The premises are arranged on Ground Floor and Basement having the following approximate dimensions and floor areas: -

Ground Floor Area 776 sq ft 72.09 sq m
Basement 688 sq ft 63.92 sq m

LEASE:
The property is held on an existing lease for a term to be expiring 31st October 2021 subject to 5 yearly rent reviews at a passing rental of 82,500 per annum exclusive.

The lease is contracted inside the Landlord and Tenant Act 1954.


PREMIUM:
Offers are invited for the benefit of this valuable leasehold interest.

LEGAL COSTS:
Each side to bear their own legal costs incurred in the transaction.

EPC:
Available on request

RATES:
We understand that the premises are assessed for rates as follows: -

Rateable Value 68,500
Rate in pound 48.0p
Rates Payable (2017/2018) 32,880

Interested parties are advised to verify this information with the Local Rating Authority.

Subject to Contract


More information from this agent

Nearest stations

  • Holborn (0.2 mi)
  • Russell Square (0.3 mi)
  • Chancery Lane (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

TK Retail Property Consultants, London

7 South Molton Street, London, W1K 5QG

020 8012 7406 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

TK Retail Property Consultants, London

7 South Molton Street, London, W1K 5QG

020 8012 7406 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map

Nearest stations

  • Holborn (0.2 mi)
  • Russell Square (0.3 mi)
  • Chancery Lane (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

TK Retail Property Consultants, London

7 South Molton Street, London, W1K 5QG

020 8012 7406 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 6870SR. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by TK Retail Property Consultants, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.