- 2,348 sqft (218 sqm)
- To let
- £87,500 per Annum
The premises is located in a 100% prime position on Oxford Street and in close proximity to Castle Gardens, with adjacent occupiers being H&M and McDonalds. Other occupiers nearby include Marks & Spencer, Zara, River Island, Select, Coffee#1 and Sports Direct.
The premises comprises a ground floor sales area with ancillary/office space on the first floor. The premises is accessed via a double recessed door directly from Oxford Street.
Subject to vacant possession, the premises is available to let via a new lease for a term to be agreed on effective full repairing and insuring terms.
Quoting rent £87,500 pax
M&G Real Estate Limited supports The Code for Leasing Business Premises in England and Wales 2007 produced by The Joint Working Group on Commercial Leases. Follow the code at www.commercialleasecode.co.uk. Small Business? For free help on negotiating a lease see www.leasingbusinesspremises.co.uk.
The 2017 Rateable Value for the premises is:-
Rateable value: £85,500
Rates payable: £42,665
Interested parties are encouraged to make their own enquiries with the Local Rating Authority.
The premises is VAT elected.
The premises provides the following approximate areas and
Gross Frontage 10.35 m 33 ft 9 ins
Net Frontage 5.23 m 17 ft 2 ins
Internal Width 9.87 m 32 ft 4 ins
Shop Depth 25.94 m 85 ft 1 ins
Ground Floor Sales 218.11 sq.m 2,348 sq ft
First Floor Ancillary/Office 196.44 sq.m 2,115 sq ft
We understand that the premises benefits from A2 use however other uses to include A3 uses will be considered subject to the tenant obtaining all necessary planning consents.
Each party to bear its own costs in dealing with this transaction.
C - 69
Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.