covent garden -_16_details
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020 7493 9911 15 Bolton Street, Mayfair, London, W1J 8BG
w: www.ianscott.com
Retail & Leisure - Investment & Development - Residential - Asset Management
PRIME SHOP LEASE FOR SALE
16 COVENT
GARDEN MARKET LONDON WC2
Location: The unit occupies a prime location on Central Avenue, within Covent Garden Market, one of London’s most vibrant shopping locations and attracting over 44 million visitors a year. Retailers in the vicinity include Apple, Chanel, Laduree, G Shock, Venchi, Carat, Links of London and Jamie Oliver’s Union Jacks Restaurant.
Accommodation: The premises are arranged on ground floor having the following approximate floor areas and dimensions:
Internal Width (max): 18 ft 6 ins 5.63 m Shop Depth: 14 ft 8 ins 4.47 m Ground Floor Sales: 272 sq ft 25.26 sq m
Lease:
The premises are held on a lease, within the Landlord & Tenant Act 1954, from 21st June 2011, expiring June 2017. There is a tenant break clause in June 2014
Rent: £94,000 per annum exclusive or 15% of turnover whichever is the greater.
Premium: Premium offers are invited for our client’s valuable leasehold interest..
Service Charge: To be confirmed.
VAT Vat will be charged at the appropriate rate, if applicable.
Rates: Rateable Value UBR 2013/2014 Rates Payable 2013/14
£86,000.00 49.1p in the £ £42,883.00
EPC: An EPC certificate will be made available upon request.
Legal Costs: Each party is to be responsible for its own legal costs incurred in the transaction.
Possession: Upon completion.
Viewing: Strictly Confidential as staff are unaware. Any viewings are to be by appointment only through the sole agent:-
SUBJECT TO CONTRACT
Richard Hicks Ian Scott International [email protected]
SUBJECT TO CONTRACT
SUBJECT TO CONTRACT
020 7493 9911
020 7493 9911
Misrepresentation Act 1967 These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.