A1 Shop To Let 

SUMMARY DESCRIPTION

A1 Shop To Let

ACCOMMODATION

The premises are arranged over ground floor and basement and provide a large open plan sales area to the front together with a small office and large storeroom to the rear together with basement storage.

LOCATION

The property is located on the west side of Strutton Ground, close to it junction with Victoria Street to the north. Strutton Ground is a pedestrianised cobble street within the heart of SW1 and nearby occupiers include Morrisons, EAT, Greggs and Subway. The area benefits from good communications with St James’s Park underground station being located a short distance to the north. Strutton Ground possesses a high level of footfall during the lunch hours.

FLOORS

DetailsFloor Area (Sq Ft)
Ground Floor - Sales 405
Ground Floor - Offices 87
Ground Floor - Store 265
Basement - Ancillary 444
Total 1,201

RATES

From our enquiries with the valuation office agency, the premises have a rateable value of £27,250.

ENERGY PERFORMANCE

The premises has an energy performance rating of 73 and falls within Band C.

LEASE

An assignment of our client’s lease, which is due to expire in 2027 subject to a rent review in 2017 and 2022. The lease is within the protection provisions of Landlord & Tenant Act 1954 and the current rent passing is £35,000 per annum.

PREMIUM

A premium of £80,000 is sought for the benefit of our client’s leasehold interest.

 

 

 

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Your contact details for this property

Alex Lewis
alewis@tuckerman.co.uk
DDI: 020 3328 5375
MOB: 07931 548 073

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