Retail Property (high street) to rentFrith Street, London
750 sq. ft. | £35,000 pa| £2,917 pcm
- 750 sq ft (69 sq m)
- Prime Soho location
- 11 years remaining on lease
- A1 usage
- Ground floor with basement storage
The property is located on the south side of Frith Street which is located in the Soho area of London. To the north is Soho Square and to the south is Shaftesbury Avenue. The street crosses Old Compton Street, Bateman Street and Romilly Street. This prime location has local shops and amenities within immediate proximity and transport links across London, prime tourist location.
A small Spainish cafe located in the prime location of Soho just momemts away from the famous China Town, Piccadilly Circus and Leciester Square. The unit comprises of a main shop area (24 sqm), with a small prep section and counter, with enough space to provide 5 tables inside and 2 tables outside. This unit has a basement/storage (45sqm) area which comes with a public WC has enough space for a downstairs seating area.
Uses - A1
Premium - £90,000 Guide Price for the benefit of the lease, fixtures, fitting and goodwill
Rent - £35,000 Per Annum
Terms - Existing 15 year Lease with 11 years remaining with rent review every 3 years.
Business rates - Intereted parties are encouraged to make their own enquiries with the city of westminster.
Basement - Used as storage
Turnover - Current turnover in excess of £250,000 Per Annum approximately
Account - Available on request
Legal cots - To be Confirmed
Local authority - City of Westminster
Reference charge - 2 weeks plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether are accepted or not by the landlord.
A holding deposit will be required to secure this property
Outgoings - Interested parties are encouraged to make their own enquiries with the City of Westminster.
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Property reference 26554562. 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 Davey’s of Spitalfields , Brick Lane.
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