*BACK ON THE MARKET DUE TO ABORTIVE NEGOTIATIONS WITH REDUCED RENTAL*
Location
The shop is just one door removed from the junction with New Bond Street, adjacent to L K Bennett and Giannino Restaurant, opposite The East India Company, Pronovias, Hackett, Bang & Olufsen, Diptyque, George Jensen and Canali have all recently opened new flagship stores nearby.
Accommodation
The premises are arranged on ground floor and basement having the following approximate dimensions and floor areas: –
| Gross Frontage | 14′ 4″ | 4.37 m |
| Net Frontage | 10′ 0″ | 3.04 m |
| Internal Width | 15‘ 10″ | 4.83 m |
| Shop Depth | 39′ 1″ | 11.91 m |
| Ground Floor Area | 502 sq ft | 28.1 sq m |
| Basement Area | 549 sq ft | 51.0 sq m |
| Vaults | 44 sq ft | 3.00 sq m |
Terms
Subject to formal possession, a new lease is available for a term of 10 years subject to a rent review at the 5th year outside the Landlord & Tenant Act 1954.
Premium
Rental offers in the order of £130,000 per annum exclusive are invited.
Rates
We understand that the premises are assessed for rates as follows: –
| Rateable Value | £58,000 |
| Rate in Pound | 0.499p |
| Rates Payable (2024/2025) | £28,492 |
Interested parties are advised to verify this information with the Local Rating Authority.
Viewings
By appointment via:
Tim Kourides, MRICS
07799 628 860