High Street Retail Property for rent

South Molton Street, Mayfair, W1K


£10,833 per month
£130,000 per annum
S.O.A.

Description

A1/A3 Unit for rent on South Molton Street, Mayfair. The premises is arranged over the ground floor and basement and covers a total area of approximately 925 sq. ft. South Molton Street is a pedestrian precinct, lined with original Georgian houses and home to many fashion and jewellery shops. Nearby brands include Jaks restaurant, Thomas Sabo, Anoushka, and the Castle Galleries fine art gallery.

The premises has a pavement licence for outside seating. Plans have been approved by the City of Westminster for a rear extension, the amalgamation of the ground floor and basement and a full height extraction ductwork to roof level.

Planning: A1/A3

Rent: £130,000

Premium: The outgoing tenant requires a premium of offers in the region of £75,000, to surrender the current lease.

Lease: New Lease

Plans have been approved by Westminster for a full height extraction ductwork to the roof level, a rear extension, and the amalgamation of the ground floor and basement.

Size:
Ground Floor: 475 sq ft
Basement: 450 sq ft
Total: 925 sq ft

Business Rates:
Rateable Value: £139,900.00
Rates Payable: £ 68,970.70

Legal Costs: Each party to be responsible for their own legal costs.

Viewing: By appointment through Next Property Commercial 020 3745 7607

fay.khan@nextpropertycommercial.co.uk

ashley.saye@nextpropertycommercial.co.uk


Notice
All photographs are provided for guidance only.



Client Money Protection provided by: Propertymark Client Money Protection Scheme (C0123675)

Categories

High Street Retail Property
Call
Property reference
CP154231_18560