Property Type | Retail |
Tenure | To Let |
Size | 653 to 1,321 sq ft |
Rent | £75,000 per annum |
Rates Payable | Upon Enquiry |
Name | Sq ft | Sq m | Availability |
Ground - Sales | 668 | 62.06 | Available |
Basement - Ancillary | 653 | 60.67 | Available |
Total | 1,321 | 122.73 |
The premises occupy a prominent position on Victoria Street a short walking distance from Parliament Square and the Houses of Parliament. The unit is located close to the junction with Strutton Ground opposite Christchurch Gardens. Nearby occupiers include Itsu, Greggs, Snappy Snaps, Pizza Express and Pret a Manger.
The premises are held on an effective full repairing and insuring lease expiring 3rd December 2029 at a rental of £75,000 per annum exclusive subject to rent reviews in 2019 and 2024. The 2019 rent review is currently outstanding – further details upon request.
There is a separate lease in respect of the basement storage area expiring 13th December 2029 at £3,000 per annum exclusive subject to RPI rent reviews 4th December 2019 (still outstanding) and 4th December 2024.
Rateable Value: £68,000
UBR 2022/2023: 52.2p in the £
Interested parties should verify these figures with the business rates department of Westminster City Council business rates department Tel: 020 7641 6000.