38 berwick street particulars

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  • 7/27/2019 38 Berwick Street Particulars

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    020 7493 991115 Bolton Street, Mayfair, London, W1J 8BG

    w: www.ianscott.com

    Retail & Leisure - Investment & Development - Residential - Asset Management

    MMAAYYFFAAIIRR WW11

    CCOORRNNEERR SSHHOOPP

    LLEEAASSEE FFOORR SSAALLEE

    1111--1122

    LLAANNSSDDOOWWNNEE RROOWWLocation: The premises occupy a very prominent corner position at the junction of Lansdowne Row and

    Fitzmaurice Place. Lansdowne Row is a popular pedestrianized thoroughfare, linking Berkeley Street to

    Curzon Street. Nearby occupiers include The Lansdowne Club, The Color Company, Lolas,

    Derek Spivack Opticians, Cards Galore, Leban Eats, Baku Bistro and Itsu.

    Accommodation: The unit benefits from dual frontages with a double window onto Lansdowne Row. The arrangement is

    as follows:

    Net frontage: 23 ft 5 in 7.2 mReturn frontage: 8 ft 7 ins 2.7 m

    Ground Floor: 308 sq ft 28.6 sq m

    Lower Ground Floor: 224 sq ft 20.8 sq m

    Sub Basement: 270 sq ft 25 sq m

    Lease: The property is held on a lease to expire 24th August 2014, subject to no further rent reviews. The lease

    is contracted inside the Landlord and Tenant Act, benefitting from full rights of renewal.

    Rent:

    Premium:

    44,200 per annum exclusive of rates, service charge and VAT.

    Premium offers are invited for our clients valuable leasehold interest, fixtures and fittings.

    Rates: Rateable Value 38,250

    Rates Payable (2013/14) 17,518.50

    Viewing: Strictly by prior appointment through the Landlords sole agents.

    IAN SCOTT INTERNATIONAL

    Nick Scott

    [email protected]

    SUBJECT TO CONTRACT

    020 7493 991115 Bolton Street, Mayfair, London, W1J 8BG

    w: www.ianscott.com

    Retail & Leisure - Investment & Development - Residential - Asset Management

    Location: Corner of Berwick Street and Darblay Street in the heart of Soho just South of Oxford Street. Nearbyoccupiers include Vital Ingredient, Crussh, and numerous independent fashion and food retailers.

    Accommodation: Ground Floor (NIA) 351 sq ft (32.6 sq m)Basement Ancillary (NIA) 474 sq ft (44.07 sq m)

    Lease: Existing 20 year lease from 7th April 2011, subject to 5 yearly upward only rent reviews (next rent review7th April 2016), at a passing rent of 55,000.

    Premium: Offers in excess of 100,000 for this valuable long leasehold interest.

    Current

    Permitted Use:

    Deli/including for the retail sale of gourmet sausages and the sale of associated food items including hot andcold beverages/or any other use under A1.

    EPC: Available upon request.

    Rateable Value: RV: 38,750 Rates Payable: 17,786.25

    Legal Costs: Each party to bear their own legal costs incurred in the transaction.

    Potential A3/A5: Potential change of use, subject to the necessary planning consents and extraction to A3/A5. Initial informaldiscussions with planners have proved very positive. Further details upon request.

    Viewings: Strictly by prior appointment through the sole agents:-

    Philip Bell

    [email protected] 932 233

    SUBJECT TO CONTRACT

    LEASE FOR SALE

    38 BERWICKSTREET,

    LONDON, W1F 8RT

    CURRENT A1 FOOD

    USE

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    020 7493 9911020 7493 9911