£41,000 per annum
Commercial Property, Shops
Confidential, Staff Unaware, Rateable Value ?26,750, New 13 Year Lease, A1 USE, 457 Square Ft
Confidential, Staff UnawareRateable Value £26,750New 13 Year LeaseA1 USE457 Square FtLocationSituated minutes away from Tottenham Court Road & Leicester Square Underground Stations, Milk Bar is located in the heart of Soho.Nearby occupiers include Pret A Manger, Barrafina, Giraffe, Subway, Nando?s and Caf? Nero. Ground Floor:The ground floor has been refurbished to an immaculate standard and is open plan with a service display area to the left. The unit comprises of approximately 20 covers with customer W.C.?s and storage room.Approximate Net Internal Floor Areas:457 SqFtTenureThe property is held by a Full Repairing and Insuring Lease.The lease is subject to 5 yearly rent reviews, with no further review until 2018.It is understood that the lease is granted inside the Security of Tenure Provisions of the Landlord and Tenant Act 1954, part two as amended. Passing Rent and PremiumThe current passing rent is £41,000 per annum.NO PREMIUM. Legal fees to be paid by ingoing tenant RatesThe rateable value is £26,750 per annum. Holding DepositA holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the Colemans client account.ReferencesA charge of £85.00 + VAT is payable for taking up references on behalf of proposed tenants. This fee is non-refundable after the references have been taken up, whether or not they have been accepted by the Landlord.
Property reference: CP369F202_5364
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 Colemans. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.