Location
The premises are situated in a prime location, being on the west side of Villiers Street adjacent to the Price Waterhouse Coopers Headquarters, with nearby traders including Five Guys, Thunderbird, All Bar One, Kingdom of Sweets, Pret a Manger, Costa, Starbucks, and Champagne Charlie’s Wine Bar. There is a direct escalator link to the concourse level of Charing Cross Station immediately to the right of these premises.
Villiers Street is a major food and drink thoroughfare with an extremely high footfall throughout the day and evening. It directly links Charing Cross Mainline and Underground Station on The Strand with Embankment Underground Station by the River Thames. Waterloo Station is also within close proximity bringing thousands of daily commuters from across the River.
Footfall
Weekly footfall counts regularly undertaken in Villiers Street show that pedestrian traffic is near to pre-pandemic levels – further details on request.
Accommodation
The premises are arranged on ground floor only having the following approximate dimensions and floor areas:
| Net Frontage | 30ft | 9.14m |
| Floor Area | 1840 sq ft | 121 sq m |
It may be possible to combine the unit with the adjoining premises, if required.
Tenure
The premises are available on a new lease for a term to be agreed, outside the Landlord & Tenant Act 1954. Short term licences/pop-up stores will also be considered for this unit.
Rent
Offers in excess of £150,000 per annum exclusive are invited.
Rates/Service Charge
Rates payable likely to be c.£97,000 following re-assessment after occupation. For the year 2023/2024, this figure may be reduced to c.£24,250 by way of the Retail, Hospitality and Leisure Relief discount of 75%. Interested parties are advised to verify this information with the Valuation Office and the City of Westminster Rating Department. The estimated service charge for this unit is £8,640 pa.
Legal Costs
Each side to bear its own legal costs.