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Retail Property (high street) to rent

Frith Street, London

£35,000 pa
750 sq. ft.

Property Description

Commercial information

  • 750 sq ft (69 sq m)

Key features

  • Prime Soho location
  • 11 years remaining on lease
  • A1 usage
  • Ground floor with basement storage

Full description

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.

More information from this agent


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Property reference 26554562. The information displayed about this property comprises a property advertisement. 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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