75

New Cavendish Street
London, W1W 6XA

Use Class E

1,539 sq ft

£96,000

Use Class

Size

1,539 sq ft

Rent pa

£96,000

Marketed by Savills UK & Ireland

Last updated 07/04/2021

PRIME UNIT TO LET

Key Points

Self-contained prominent retail unit on New Cavendish Street, near to Harley Street.
Forms part of the Harley building let to Regus.
Close to Great Portland Street, Goodge Street and Oxford Circus Underground Stations.
Ground and basement floor sales with opportunity for outdoor seating.
The unit benefits from high ceilings and parquet wood floor.
Offers invited.

The subject premises are situated in a central section of New Cavendish Street between Marylebone and Fitzrovia near to Harley Street. The self-contained retail unit comprises ground and basement sales space with customer and staff WCs, small kitchenette and storage areas.

The unit forms part of the Harley building which is situated on the north side of New Cavendish Street at the junction with Hallam Street. This is a busy location being near to the University of Westminster.

The area is very well served for restaurant, and transport facilities with Great Portland Street, Goodge Street, and Oxford Circus stations (approximately a 10 minute walk) being within close proximity. Nearby occupiers include Pret a Manger, Boots, La Pastaia, Headmasters, Coco Nails Club and Co-Op.

Use Class

E - The proposed planning change to a new Commercial Use Class E (effective from 1st September 2020), will enable the premises to be used for alternative uses such as Retail, Medical and Office without the need for a change of use.

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

	sq ft	sq m
Ground Floor	642	59.6
Basement Floor	897	83.3

Financial

Lease Type

New Lease

Lease Term

A new effectively full repairing and insuring lease will be available for a term to be agreed subject to upwards only rent reviews.

Rates

UK Government have confirmed that relief will apply at 100% until 30 June 2021, and at 66% until 31 March 2022. Interested parties should make their own inquiries with the Local Authority.

Rateable Year:	2021
Rateable Value:	£48,000.00
Rates Payable:	--
UBR:	--

Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

Service Charge

No service charge. Small contribution to building insurance only.

Sustainability

Energy Performance Certificate Information

A valid EPC for this property can be made available upon request.

Last Updated

07/04/2021

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.