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ART GALLERY A1 RETAIL UNIT LEASE ASSIGNMENT Mayfair | W1 5-7 Dover Street

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Page 1: 5-7 Dover Streetbulkloader.prd.pl.artirix.com.s3.amazonaws.com/61781a12... · 2018-11-02 · RATES We have been informed that the Rateable Value is £96,000 and the rates payable

ART GALLERY

A1 RETAIL UNIT LEASE ASSIGNMENT

Mayfair | W1

5-7 Dover Street

Page 2: 5-7 Dover Streetbulkloader.prd.pl.artirix.com.s3.amazonaws.com/61781a12... · 2018-11-02 · RATES We have been informed that the Rateable Value is £96,000 and the rates payable

LOCATION

The premises are located towards the southern end of Dover Street, with occupiers in close proximity including:

Royal Academy of Arts | Alexander McQueen | Victoria Beckham | Acne | Vanessa Bruno Pescatori | SICIS | David Zwirner | Gazelli Art House | Mead Carney Fine Art | Aston Martin The Arts Club | Clarendon Fine Art.

TRANSPORT

The location benefits from excellent transport links and is a two minute walk away from Green Park (Victoria, Jubilee and Piccadilly Lines).

ACCOMMODATION

The accommodation is trading as an art gallery over ground and first floor; it has been architecturally designed and benefits from volume, light and high ceilings. The property has the following amenities:

High ceilings (3.1 m) | 2 kitchenettes | Private WC’s | Access 24/7/365 | Erco lighting Air conditioning Ample storage | Private offices | Self -contained | Good window frontage (6.58 m).

The premises provides the following approximate net internal floor areas:

GROUND FLOOR 1,415 SQ FT – 131.5 SQ M

FIRST FLOOR 1,514 SQ FT – 140.7 SQ M

TOTAL ITZA 927 SQ FT – 86.1 SQ M

Interested parties should verify the accuracy of the above floor areas for themselves.

A1 RETAIL UNIT LEASE ASSIGNMENT

25 metres

For more information on our products and services:www.experian.co.uk/goad | [email protected] | 0845 601 6011

London West End

Experian Goad Plan Created: 25/01/2017Created By: Levy

Copyright and confidentiality Experian, 2017. © Crowncopyright and database rights 2017. OS 100019885

PICCADILLY

5-7 Dover StreetMayfair | W1

Page 3: 5-7 Dover Streetbulkloader.prd.pl.artirix.com.s3.amazonaws.com/61781a12... · 2018-11-02 · RATES We have been informed that the Rateable Value is £96,000 and the rates payable

RATES

We have been informed that the Rateable Value is £96,000 and the rates payable for the year ending 31/03/2017 is approximately £49,632. Interested parties are advised to make their own enquiries with the local authority or by contacting the VOA.

FLOOR PLANS TERMS

The premises are available by way of an assignment of the effective Full Repairing and Insuring lease, for a term expiring in September 2025. There is a Tenant only break option in September 2020. The lease is held inside the security of tenure and compensation provisions of the Landlord and Tenant Act 1954 Part II.

RENT

The current passing rent is £360,000 per annum exclusive.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in this transaction.

VAT

VAT is chargeable on the terms.

EPC

The EPC is available on request.

SERVICE CHARGE

There is no service charge on the premises.

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Issue Note Date

Alexia Goethe Gallery7 Dover st, London

07-009

PROJECT

TITLE

SERVICES CONSULTANT SCALE: DATE:

PROJECT NO:

CHECKED BY

STRUCTURAL CONSULTANT

DRWN. BYContractors must verify site dimensions and conditions before commencing work or shop drawings.

DRAWING No:

QS: COST CONSULTANT

These drawings are not for construction purposes

The drawing and the concept contained herein remains the property of the copyright holders Reedesign's drawings shall not be copied or used in whole or in part without written consent. Any breech of this condition shall be deemed a breech of copyright.

ReedesignUnit 3, Digbyland studiosLondonE9 6HX

Tel./Fax: +44 (0)20 8525 2652email: [email protected]

REV:STAGE:

/ /C1ST FLOOR PLAN

1:50

P102

Sept. 2007

10850

5540

/

etaDetoNeussI

Alexia Goethe Gallery7 Dover st, London

07-009

PROJECT

TITLE

SERVICES CONSULTANT SCALE: DATE:

PROJECT NO:

CHECKED BY

STRUCTURAL CONSULTANT

DRWN. BYContractors must verify site dimensions and conditions before commencing work or shop drawings.

DRAWING No:

QS: COST CONSULTANT

These drawings are not for construction purposes

The drawing and the concept contained herein remains the property of the copyright holders Reedesign's drawings shall not be copied or used in whole or in part without written consent. Any breech of this condition shall be deemed a breech of copyright.

ReedesignUnit 3, Digbyland studiosLondonE9 6HX

Tel./Fax: +44 (0)20 8525 2652email: [email protected]

REV:STAGE:

/ /CGND FLOOR PLAN

1:50

P101

Sept. 2007Contractors must verifyconditions before com mdrawings.

These drawings are no t

The drawing and the c oremains the property ofReedesign's drawings sor used in whole or in pAny breech of this con dbreech of copyright.

0.031

SD

Ground Floor

First Floor

5-7 Dover StreetMayfair | W1

PREMIUM

We are seeking a premium of £250,000 for the benefit of this valuable leasehold interest including fixtures and fittings.

Page 4: 5-7 Dover Streetbulkloader.prd.pl.artirix.com.s3.amazonaws.com/61781a12... · 2018-11-02 · RATES We have been informed that the Rateable Value is £96,000 and the rates payable

Strutt & Parker LLP is a limited liability partnership and is registered in England and Wales with registration number OC334522. A list of members’ names is open to inspection at our registered office, 13 Hill Street London W1J 5LQ.Strutt & Parker LLP and Levy Real Estate LLP act for themselves and for the Vendors or Lessors of this property whose agents they are given notice that:(1) The particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract;(2) All descriptions, dimensions, references to condition and necessary permissions for use and occupation and their details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each item;(3) No person in the employment of Strutt & Parker LLP or Levy Real Estate LLP has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor enter into any contract relating to the property on behalf of Strutt & Parker LLP or Levy Real Estate LLP nor any contract on behalf of the vendor;(4) No responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn. January 2017

Viewing is strictly by prior appointment with Strutt & Parker or Levy Real Estate, through:

Will Strang Strutt & Parker T: 020 7318 4692 E: [email protected]

Matt Paulson-Ellis Levy Real Estate T: 020 7747 0151 E: [email protected]

Will Moss Strutt & Parker T: 020 7318 5074 E: [email protected]

Roger Sharpley Levy Real Estate T: 020 7747 0150 E: [email protected]

Freddie Strutt Strutt & Parker T: 020 7318 4789 E: [email protected]

Dan Ridgers Levy Real Estate T: 020 7747 0153 E: [email protected]

CONTACT US

IMPORTANT NOTICE