The document provides details about a commercial property located in a prime area of Mayfair, London. The premises occupy a prominent corner position at the junction of two streets near popular retailers. It has excellent frontage of 23 feet 5 inches and covers an area of over 600 square feet across multiple floors. The property is held by a lease expiring in 2014 at a rent of £44,200 per year. Interested parties are invited to offer a premium for the valuable leasehold interest.
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1. 020 7493 9911
15 Bolton Street, Mayfair, London, W1J 8BG
W1J 8BG
w: www.ianscott.com
MAYFAIR W1
PRIME MAYFAIR
SHOP NER SHOFOR
COR LEASE P
SALE
LEASE FOR SALE
111 11-12
MOUNT
LANSSTREET OW
DOWNE R
LONDON W1
Location:
The premises occupy a very prominent corner position at the junction of Lansdowne Row and
Fitzmaurice Place. Lansdowne Row is a popular pedestrianized thoroughfare, linking Berkeley Street to
Curzon Street. Nearby occupiers include The Lansdowne Club, The Color Company, Lola’s,
Derek Spivack heart of Mayfair, located to Leban of Berkeley Square
Location:
Mount Street is in the Opticians, Cards Galore,the westEats, Baku Bistro and Itsu. south of Grosvenor
to the
Square. It has become one of London’s top locations for luxury shopping. Occupiers include Ralph Lauren,
Christian Louboutin, Marc Jacobs, Balenciaga, Lanvin, Loewe, Carolina Herrerra and Goyard. Upcoming openings
Accommodation: to include benefits storesdual Celine andwith a double window onto Lansdowne Row. The arrangement is
are The unit flagship from for frontages Oscar de la Renta and the first UK store for Parmigiani Fleurier.
as follows:
Description:
Lease:
Net frontage:
23 ft 5 in
7.2 opposite to the prestigious Connaught Hotel and the
The premises is situated in an excellent position, directly m
junction with Carlos Place.The 8 ft 7 insis in immaculate m
property
Return frontage:
2.7 condition, fitted as a high-class gallery.
Approximate Floor: and dimensionssq ft as follows: 28.6 sq m
Ground areas
308 are
Net Frontage:
12 ft 10ins ft 3.9
m 20.8 sq m
Lower Ground Floor:
224 sq
Ground Floor:
606 sq ft sq ft 56.32 sq m 25 sq m
Sub Basement:
270
Lower Ground Floor:
744 sq ft
69.14 sq m
Vaults:
79 sq ft
7.3 sq m
The property is held on a lease to expire 24th August 2014, subject to no further rent reviews. The lease
is contracted inside the Landlord and Tenant Act, benefitting from full rights of renewal.
Lease:
Rent:
The property is held by way of a full repairing and insuring lease for a period of 15 years from 4th May 2005.
The lease is contracted inside the Landlord service charge and VAT.
£44,200 per annum exclusive of rates, & Tenant Act.
Premium:
Rent:
Premium offers exclusive of rates, client’s valuable leasehold
£125,000 per annum are invited for our service charge and VAT. interest, fixtures and fittings.
Rates:
Premium:
Rateable Value
£38,250
A substantial premium is sought for our clients’ valuable leasehold interest.
Rates Payable (2013/14) £17,518.50
Rates:
Viewing:
Rates Payable (2012/13)
£30,712.14
Strictly by prior appointment through the Landlord’s sole agents.
Viewings:
Strictly by appointment only through sole agents:-
IAN SCOTT INTERNATIONAL
NICK SCOTT
IAN Nick ScottINTERNATIONAL
SCOTT
nickscott@ianscott.com
nickscott@ianscott.com
SUBJECT TO CONTRACT
SUBJECT TO CONTRACT
SUBJECT TO CONTRACT
Retail & Leisure Investment & Development Residential Asset Management
Retail & Leisure - -Investment & Development - -Residential - -Asset Management