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2 Newburgh Street Newburgh Quarter, Carnaby, Greater London, W1

£ 85,000 pa / 976 sq ft
2 Newburgh Street, London - Picture 2017-10-27-10-39-41
Use Class

Use Class

E(a)

Size

Size

976 sq ft

Rent pa

Rent pa

£85,000

A1 lease for sale

The premises are arranged over ground and basement floors.

One of Central Londons most vibrant districts, Carnaby, is a lifestyle destination encompassing 13 streets, 150 shops and more than 50 independent restaurants, cafes, bars and pubs. The area is globally renowned for trend focused retailing. The Newburgh Quarter is located within Carnaby and is a hive of cutting edge activity offering innovative retail concepts and handcrafted independent stores. Home to one off brands, unique lifestyle and dining experiences and flagship shops including Ragged Priest, Red Wings, Cubitts, Levi's Vintage, Filson and Shinola.

Key Information

Viewing

By appointment through joint agents.

Accommodation

976 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
403
37.4
Lower Ground
170
15.8
Basement
403
37.4

Financial

Lease Type

New Lease

Lease Term

The shop is available by way of a new effectively full repairing and insuring lease for a term to be agreed. In accordance with the other lettings on Carnaby, the lease will be contracted outside the security of tenure and compensation provisions of the Landlord & Tenant Act 1954 Part II (as amended).

Rent

Subject to contract, rental offers are invited in the region of £85,000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to verify the above with the local authority.

Costs

Each party is to be responsible for its own legal costs incurred in connection with this letting.

Service charge

The service charge for the current financial year (2017) is estimated at £6,450 per annum, insurance is estimated at £400 per annum.

Tenure

Leasehold

Rates

Rateable Year:
2017
Rateable Value:
£67,500.00
Rates payable:
£32,333.00
UBR:
47.9p/£

Sustainability

EPC available on request.

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.

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This was last updated on 07/08/2023