FOR SALE - GVA
CONFIDENTIAL
Lease Available 68 Oxford Street London W1
Description The premises are located on the corner of Oxford Street and Perrys Place. This prominent location will benefit hugely from the opening of the new Crossrail Station. Opposite is the fantastic Zara flagship, soon to be joined by Benetton and New Look. Body Shop, Pret a Manger and Wasabi are close by.
Accommodation
24 March 2016. EAT are looking to assign their L&T renewal rights. The current passing rent is £228,000 pax. Details on the likely uplift can be provided (G fl ITZA = 758 sq ft)
Premium Offers in excess of £100,000 invited.
Business Rates We understand that the property is assessed as follows:
The premises are arranged on ground floor and basement. The basement contains a kitchen and a well-appointed training area. The property has the following approximate dimensions and net internal floor areas:
Gross Frontage
5.35 m
17’ 7”
Return frontage
5.10m
16’ 8”
Internal Width
5.10m widening 7.52m
16’8” widening to 24’7”
to
Shop Depth
12.1m avg.
39’7” avg.
Ground Floor Sales
78.46 sq m
844 sq ft
Ground Floor Anc.
5.51 sq m
59 sq ft
Basement floor area
124.35 sq m
1338 sq ft
Lease The property is available by way of an assignment of a 10 year effectively full repairing and insuring lease expiring on
Rateable Value: £177,000 UBR (2015/2016): £0.513 Interested parties should make their own enquiries with the Local Authority to verify this information.
Legal Costs Each party is to be responsible for their own legal costs.
EPC An Energy Performance Certificate is available.
VAT VAT, if applicable, will be charged at the standard rate. For further information or an appointment to view please contact Bilfinger GVA or our joint agent Blanchflower Lloyd Baxter: Anthony Brown T: 020 7911 2510 E: [email protected]
Colin Baxter T: 07775 871 897 E: [email protected]
gva.co.uk/retail
GVA is the trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.
Lease Available 68 Oxford Street London W1
Description The premises are located on the corner of Oxford Street and Perrys Place. This prominent location will benefit hugely from the opening of the new Crossrail Station. Opposite is the fantastic Zara flagship, soon to be joined by Benetton and New Look. Body Shop, Pret a Manger and Wasabi are close by.
Accommodation
24 March 2016. EAT are looking to assign their L&T renewal rights. The current passing rent is £228,000 pax. Details on the likely uplift can be provided (G fl ITZA = 758 sq ft)
Premium Offers in excess of £100,000 invited.
Business Rates We understand that the property is assessed as follows:
The premises are arranged on ground floor and basement. The basement contains a kitchen and a well-appointed training area. The property has the following approximate dimensions and net internal floor areas:
Gross Frontage
5.35 m
17’ 7”
Return frontage
5.10m
16’ 8”
Internal Width
5.10m widening 7.52m
16’8” widening to 24’7”
to
Shop Depth
12.1m avg.
39’7” avg.
Ground Floor Sales
78.46 sq m
844 sq ft
Ground Floor Anc.
5.51 sq m
59 sq ft
Basement floor area
124.35 sq m
1338 sq ft
Lease The property is available by way of an assignment of a 10 year effectively full repairing and insuring lease expiring on
Rateable Value: £177,000 UBR (2015/2016): £0.513 Interested parties should make their own enquiries with the Local Authority to verify this information.
Legal Costs Each party is to be responsible for their own legal costs.
EPC An Energy Performance Certificate is available.
VAT VAT, if applicable, will be charged at the standard rate. For further information or an appointment to view please contact Bilfinger GVA or our joint agent Blanchflower Lloyd Baxter: Anthony Brown T: 020 7911 2510 E: [email protected]
Colin Baxter T: 07775 871 897 E: [email protected]
gva.co.uk/retail
GVA is the trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.
