Unit 12, Piccadilly Circus Underground Station

The unit was a small grab and go ice cream parlour which forms part of a parade of shops with a varied tenant mix within Piccadilly Circus Underground station. The unit occupies a good position within the station opposite exits 1 and 2. There are no water and drainage supplies within the unit. The unit is currently vacant. 

Piccadilly Circus is a London Underground station located in London’s West End and is in Travelcard Zone 1. The station is on the Piccadilly line between Green Park and Leicester Square and on the Bakerloo line between Charing Cross and Oxford Circus. A tourist attraction in it’s own right, Piccadilly Circus has great connections to London’s famous shopping destinations on Oxford Street and Regent Street as well as the bustling theatre district of Shaftesbury Avenue. Passenger footfall at the station was 39.03 million. 

Use Class

A1 

Tenure

Leasehold 

Viewing

Strictly by appointment. 

Lease Type

New Lease 

Lease Term

The unit is available by way of a new 6 year lease contracted outside of the Landlord and Tenant Act 1954, and is subject to a 6 month rolling Landlord break. 

Incentive

TBC 

Rent

The rent payable will be the higher of an agreed base rent of approximately £17,000 or an agreed percentage of turnover, whichever is the highest. This will be exclusive of rates and service charge. 

Costs

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