Neal Street, WC2HStudio apartment, £1,884 per week + Admin fees

Main Features

1014 Sq ft
Ground and basement
Prime Covent Garden location
Fitted With Food Preparation Area

A1 Shop Lease for sale. REDUCED PREMIUM!
LOCATION: the premises are located in the North Side of Neal Street, close to its junction with Monmouth Street and Shaftesbury Avenue, in a highly popular shopping destination within the West End.
Nearby retailers include Superga, Hawaiianas, Speedo, Bread Ahead, Pix Pintxos or Nordic Bakery.

DEMISE: the shop was completely refurbished in 2015 to a high standard and is located in an attractive period building.
The unit comprises the following approximate areas
Ground Floor 433 sq. ft.
Basement (sales) 463 sq. ft.
Vaults 118 sq. ft.
Total 1,014 sq. ft.

The ground floor is dedicated to the sale of ham product and has a counter and seating area. The lower ground floor includes additional seating, a food preparation area and customers toilets.

LEASE: assignment of the existing lease outside the Landlord and Tenant Act 1954 expiring on April 2025.

PREMIUM: £25,000

RENT: The passing rent is £98,000 pax. with next rent review in 2020.

BUSINESS RATES: interested parties are advised to make their own enquiries.

LEGAL COSTS: each party to bear their own legal costs relating to the sale of the lease. Landlord’s assignment costs to be split between outgoing and ingoing tenants.

EPC RATING: further details available upon request.

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