London 98 Oxford Street

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020 7493 9911 15 Bolton Street, Mayfair, London, W1J 8BG w: www.ianscott.com

98 OXFORD STREET LONDON W1 PRIME SHOP TO LET Location:

The premises occupy an excellent position diagonally opposite the site for the new Crossrail Station. There is dramatic development in this location such as Primark’s 140,000 sq ft store and Zara’s proposed 41,000 sq ft store. Nearby occupiers include Boots, Sunglass Hut, Footlocker, Samsung, Currys, Ann Summers, Phones 4U, Everything Everywhere and Claire’s Accessories.

Accommodation:

The shop is arranged over ground floor and basement providing the following approximate areas and dimensions:Internal Width Shop Depth Ground Floor Basement

16’8” 84’7” 1,317 sq ft 738 sq ft

5.07 m 25.81 m 122.4 sq m 68.6 sq m

Lease:

The property is available by way of a new full repairing and insuring lease for a term to be agreed, subject to upward only rent reviews every 5 years. The lease is to be contracted outside the security of tenure provisions of the Landlord & Tenant Act 1954 Part II.

Rent:

Rental offers are invited in excess of £355,000 per annum exclusive.

Rates:

The Local Authority has verbally advised that the property is assessed as follows: Rateable Value UBR (2014/2015) Rates Payable

£208,000 £ 0.49 £101,920

Interested parties are advised to verify the above figures for themselves with the local authority or by referring to www.voa.gov.uk VAT:

VAT may be chargeable on the terms quoted.

EPC:

An EPC certificate will be made available on request.

Legal Costs:

Each party to bear their own legal and surveyors costs incurred in this transaction.

Viewing:

Strictly by prior appointment through Joint sole agents:

EROL EZEN

NICK SCOTT / RICHARD HICKS

BC RETAIL 020 3384 6133 [email protected]

IAN SCOTT INTERNATIONAL 0207 493 9911 [email protected] /[email protected]

Retail & Leisure - Investment & Development - Residential - Asset Management

020 7493 9911 15 Bolton Street, Mayfair, London, W1J 8BG w: www.ianscott.com

MISREPRESENTATION ACT 1967 & PROPERTY MISDESCRIPTIONS ACT 1991 Ian Scott International, their clients and any joint agents give notice that: (i) These particulars do not form any offer or contract and must not be relied upon as statements or representation of fact. (ii) No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatever in relation to this property. (iii) Floor areas, measurements or distances given are approximate. Unless otherwise stated, any rents or outgoings quoted are exclusive of VAT. (iv) Any descriptions given of the property cannot be taken to imply, it is in good repair, has all necessary consents, is free of contamination, or that the services and facilities are in working order. Interested parties are advised to carry out their own investigations as requested. Regulated by the Royal Institution of Chartered Surveyors

Retail & Leisure - Investment & Development - Residential - Asset Management