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High Street Retail Property for rent - South Molton Street, Mayfair, W1K

£10,833 per month£130,000 per annum

For Rent

Property information

Status:
Available
Type:
Rent
Address:
London, W1K 5QL
Categories:
High Street Retail Property
Listed on:
07-12-2019

Commercial

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)



Disclaimer

Property reference: CP154231_18342

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 Next Property. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.

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Next Property
London,
W1T 3QQ,
GB

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Property reference: CP154231_18342

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