Unit SU1223, Westfield London, Westfield London

Unit SU1223, Westfield London
London, W12 7SL

Use Class E

973 sq ft

£309,725

Use Class

Size

973 sq ft

Rent pa

£309,725

Marketed by Smith Price RRG

Last updated 05/05/2021

** 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.

Tenure

Leasehold

Accommodation

Accommodation details below:

Dimensions

	ft	m
Net Frontage	25.7	7.84
Internal Width (Max)	25.7	7.84
Shop Depth (Max)	36.2	11.04

Areas

	sq ft	sq m
Ground Floor Net	872	81
Remote Ancillary	101	9.38

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.

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

Rateable Year:	2020
Rateable Value:	£178,000.00
Rates Payable:	--
UBR:	--

Service Charge

The current service charge and insurance liability is £17,904 per annum.

Last Updated

05/05/2021

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.