Paddington Street, London, W1U

Central London Retail premises offered on a full repair and rent lease. Approximately 129 sqm of retail, office, storage and outside space equipped with security alarm. Split over two floors, ground and basement with separate office space, kitchen, storage and toilet facilities. This commercial space is installed with both heating and air-conditioning. In addition to the internal area there is also access to a private outdoor area fully decked, equipped with a marquee and a large shed for extra storage. The shop benefits from good natural light as well as strategically installed spotlights. The internals are fitted to a modern standard with wood flooring throughout, carpeted staircases and built in shelving units.

Location:
The property is located on Paddington Street sandwiched between Baker Street and Marylebone High Street, home to a variety of luxury retail brands, cafes, bars and restaurants. Local underground station includes Baker Street and Marylebone Station.

Services:
Include water, electricity, heating, air-conditioning

Rent:
Offers in the region of £65,000 per annum on 5-10 year lease with an option to renew.

Terms:
Offered on a full repair and rent lease basis typically 5-10 year with options to renew. Rent review to be carried out every 5 years.

Business Rates:
According to the Valuation Office Agency the current Rateable value is £27,750.