Business For Sale - Great Castle Street, Marylebone, London, W1G 0HZ

£275,000 per annum

Property information

Type:

Rent

Tenure:

Leasehold

Address:

London, W1G 0HZ

Categories:

Businesses For Sale, Commercial Property, Food Businesses, Leisure Property, Restaurants

Listed on:

24-02-2015

Commercial

Central London

5,836 ft²


Description

Location:

The premises are prominently located on the North side of Great Castle Street in Central London. Great Castle Street runs off Regent Street, through to John Princes Street that leads onto Cavendish Square. Oxford Circus Underground station is within a two minute walk from the premises. The location benefits from plenty of pass-ing trade every day of the week at all hours of the day and well into the evenings. Nearby occupiers include BHS, Pontis and a number of large multi let office blocks amongst many other retail and restaurant units all contributing to the large pedestrian flow

Description:

The premises are laid out over ground floor and basement, benefitting from a rear basement, The frontage is on Great Castle Street and visible from Regent Street. The premises are currently trading being as a linen shop that trades over ground floor and the basement is under the Café. Planning has been given for A3 of the whole basement as well as the ground floor. The premises will be ready to be occupied with vacant possession no earlier than 4th February 2015.

Floor Areas:

Ground Floor 837.40 Sq Ft

Basement 4999 Sq Ft

Total 5836 sq. ft.

Tenure:

The premises are available by way of a new Full Repairing & Insuring Lease for a term of 15 years, subject to 5 yearly rent reviews. The lease is to be granted inside the security of tenure provisions of the Landlord and Tenant Act 1954.

Passing Rent:

Offers in the region of £275,000.00

Premium:

Offers Invited License/Planning: The premises benefit from A3 planning use.

Confidentiality:

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they unaware of an impending sale.

Holding Deposit:

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.

VAT:

All rent and prices quoted may be subject to VAT.

Viewings:

Through the vendors agent:

CDG Leisure (Attention of Emma Cousins)

e: emma@cdgleisure.com

a: 17 Cavendish Square, London W1G 0PH

t: 020 7100 5520

f: 020 7100 5530

www.cdgleisure.com




Disclaimer

Property reference: cp2tqw3b5e

The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by CDG Leisure. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.

This property is marketed by:

CDG Leisure
17 Cavendish Square, Marylebone, London W1G, UK

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Reference: cp2tqw3b5e

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