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Unit SU1223, Westfield London Unit SU1223, Westfield London, Greater London, W12 7SL
Use Class
E
Size
973 sq ft
Rent pa
£309,725
** CONFIDENTIAL DISPOSAL - STAFF UNAWARE **
Prime shop lease for sale located on the lower mall anchored by John Lewis, adjacent to Space NK and opposite UGG Australia. Other nearby multiples include Tag Heuer, Carat, Breitling, Hobbs, Jack Wills and Boots.
Westfield London located in White City, close to Shepherds Bush underground station, is one of the largest shopping centres in the UK. The scheme is home to over 300 luxury, premium and high street retailers from over 15 different countries, as well as a 17 screen Vue Cinema.
Accommodation
973 Sq.Ft
The premises are arranged over ground floor with remote ancillary storage. The remote storage is close by, accessed on the same level from the back of the shop.
Financial
Lease Type
Existing Lease
Lease Term
The premises are offered by way of an assignment of the existing lease, contracted outside the Landlord & Tenant Act 1954, expiring on 31st December 2027 at a passing rental of £305,000 p.a. excl. of rates, service charge and VAT (if applicable). The unit also has remote storage at a commencing rental of £4,725 p.a. excl. and, thus, the combined rental is £309,725 p.a. excl. There is a tenant only break clause in December 2022 subject to 6 months prior written notice.
Rent
Subject to contract, rental offers are invited in the region of £309725 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Rates
Nil rates are payable until 31st March 2021. Rates payable may be subject to transitional relief and interested parties are advised to make their own enquiries to the Business Rates Department of Hammersmith & Fulham Borough Council – Tel: 020 8753 6681
Service charge
The current service charge and insurance liability is £17,904 per annum.
Tenure
Leasehold
Rates
Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
All data ©2024 Completely Property Technology Limited
This was last updated on 20/10/2023