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225-226 Tottenham Court Road - Picture 1
Let

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225-226 Tottenham Court Road 225-226 Tottenham Court Road, Greater London, W1T 7PZ

Use Class

Use Class

E

Rent pa

Rent pa

£267,000

Market Sector

Market Sector

High Street Scheme

Location

The premises is situated in a highly prominent position at the junction of Tottenham Court Road and Store Street, opposite Metro Bank.

Retailers in the immediate vicinity include Boots, Paperchase, Natwest Bank, Marks & Spencer Simply Food and Busaba Eathai.

Key Information

Viewing

Strictly by appointment.

Accommodation

Dimensions
Feet
Metres
Internal Width
42
12.8
Shop Depth
56.6
17.25
Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,838
170.75
Basement Sales
832
77.29
Basement Ancillary
766
71.16
Vaults
133
12.35

Financial

Lease Term

Held on a 15 year effectively full repairing and insuring lease from 21st April 2000, with 5 yearly upward only rent reviews, and expiring on the 20th April 2015 inside the Landlords & Tenants Act 1954 Part II. The current passing rent is £267,000 per annum exclusive of rates, service charge and VAT (if applicable).

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Rates

Rateable Year:
2013
Rateable Value:
£227,000.00
Rates payable:
£106,917.00
UBR:
47.1p/£

Disclaimer

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.

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