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0 bed property

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Listed May 20, 2024

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£70,000

Available

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0207 118 0000

By Next property Ltd

Description

" Retail lease for sale on Poland Street, Soho, in a prominent location. The premises are arranged over the ground and basement, totalling approximately 1,730 sq. ft.

The property is located in the heart of Soho, five minutes walk from Oxford Street Underground Station.

Planning: The premises falls within Class E of the Town & Country Planning (Use Classes) Order 2020. Interested parties should carry out their own due diligence in this regard. Premises can be used as Restaurant, Retail, Office, Gym etc.

Rent: ?70,000 per annum

Premium: Price on Application.

Lease: Assignment of a 10 year lease from 2022 subject to an upward only rent review at the anniversary of the 5th year. Lease is contracted outside the landlord and tenants act of 1954.

There is a tenant only break clause in the 5th year.

Size(approx.):
Ground floor: 735 sq. ft.
Basement : 990 sq. ft.
Total: 1,730 sq. ft.

Business Rates Payable: Approx ?30,000 per annum

Legal Costs: Each party to be responsible for their own legal costs.

Viewing: By appointment through Sole Agents: Next Property Commercial 0207 118 0000

fay.khan@nextproperty.co.uk

ashley.saye@nextproperty.co.uk

Notice
All photographs are provided for guidance only.

Client Money Protection provided by: Propertymark Client Money Protection Scheme (C0123675) "