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A1 Vacant Retail Shop

City of London London
• ANNUAL RENT ONLY £6,000 • SITUATED IN THE HEART OF LONDON’S WEST END • HIGH VOLUMES OF FOOTFALL THROUGHOUT THE DAY AND NIGHT • CLOSE TO TUBE STATIONS AND LEICESTER SQUARE • EXTREMELY RARE OPPORTUNITY IN CENTRAL LONDON • WOULD SUIT MANY TYPES OF BUSINESSES
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 47568
ADVERT IMPRESSIONS : 12,598 TIME(S)

 
BUSINESS SECTOR: Commercial Property
TRADE TYPE: Retails
SALE: Agent Sale

LEASEHOLD:

£50000

ANNUAL RENT:

£6000
 

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BUSINESS DETAILS:

LOCATION
The premises is situated on Charing Cross Road (A400) in the heart of London’s West End Theatre district.
Leicester Square, Charing Cross, Covent Garden and Tottenham Court Road Underground stations are all within close proximity to the unit.

PREMISES
A ground floor mid terraced lockup unit. We have been advised that the current user class for this premises is A1. The landlord has stated that he will not permit taxi or mini cab businesses to trade from this unit.
The low rental on this premises is extremely rare for a commercial unit in central London. With very high volumes of footfall passing by throughout the day and night, any new business will establish itself very quickly.

INGOING COSTS
The incoming tenant is to pay for the landlords legal costs together with agent’s fees. These costs are included in the premium of £50,000.

TERMS & TENURE
A new five year lease is available with an annual rent passing of just £6,000 per annum. We have been advised by our clients that the rent will remain at this level after the next review which will be conducted in five years time.
The landlord will require a £10,000 rent deposit which will be refundable.
   
  FOR SALE
   

REFERENCE:

PT 004 / RightBiz
   
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