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Retail Property (high street) to rent

Gerrard Street, Chinatown, W1D

£13,750 pcm

Property Description

Letting information:

Furnishing: Furnished or unfurnished, landlord is flexible

Full description

A1 Retail lease for sale on Gerrard Street, Soho. The property is arranged over the ground floor, approximately 465 sq. ft., and the basement, approximately 940 sq. ft. and is approximately 1.405 sq. ft. total in size. It is currently trading as an Oriental supermarket and is located in a busy area of this popular London location full of shops, restaurants and many other attractions. There are numerous transport links in this area, the closest being Leicester Square underground station.

Planning: A1

Rent: £165,000 + VAT per annum

Ground floor: approx. 465 sq. ft.
Basement: approx. 940 sq. ft.
Total: approx. 1405 sq. ft.

Lease: Assignment of the existing lease commencing 29th of September 2014 to 28th of September 2029, with a rent review every 5 years. The lease is contracted outside of the Landlord and Tenant Act of 1954.

Premium: Price on application

Licence: Sale by Retail of Alcohol for consumption off the premises.
Monday to Saturday: 11:00 to 23:00
Sunday: 11:00 to 22:30

Rateable Value: £127,316.00
Rates Payable: £60,984.36

Legal Costs: Each party to bear their own legal costs.

Viewing: Strictly by prior arrangement with Sole Agents Next Property Commercial on 020 3745 7607

All photographs are provided for guidance only.

More information from this agent

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Property reference 16047. 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 Next Property, London.

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Industry affiliations

Association of Residential Letting Agents National Association of Estate Agents Licensed Member