Location
The subject property is located on the west side of this busy mid-town thoroughfare close to its junction with Great Queen Street and Lincoln’s Inn Field. The unit is adjacent to Z-Hotel and with Café Rouge, Leon, and Caffe Nero all in close proximity. Holborn Underground Station is a 3-minute walk away.
Lease Terms
The premises are held on a lease for a term expiring in October 2023 at a rental of £77,000 per annum exclusive. The lease is protected within the Landlord & Tenant Act 1954.
Price
Offers invited for the lease to include high quality fixtures and fittings.
Accommodation
The premises are arranged on ground floor only having the following approximate dimensions and floor areas:
Gross Frontage | 15 ft 6″ | 4.75 m |
Net Frontage | 14 ft 3″ | 4.36 m |
Shop Depth | 37 ft 7″ | 11.50 m |
Ground Floor | 736 sq ft | 68.4 sq m |
Rates
We understand that the premises are assessed for rates as follows: –
Rateable Value……………………….. £65,000
Rate in Pound…………………………. 0.504p
Rates Payable (2019/2020)………. £32,760
Interested parties are advised to verify this information with the Local Rating Authority.
Legal Costs
Each side to bear its own legal costs.