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Unit 3, Great Portland Street Underground Station

London, W1W 5QS

Overview

Size

230 sq ft

Availability

Under Offer

Details

Description

The subject unit is a small unit with a simple configuration that is part of the Great Portland Street underground station building. The unit has two entrances and has frontage facing both outside and inside the station.

Location

Great Portland Street station is located in the City of Westminster and is served by London Underground services. The station is in Zone 1 and is served by the Hammersmith & City, Circle and District lines. The station is located on the south east corner of Regent's Park at the north end of Great Portland Street. It ihas become a busy retail and office commercial destination. Footfall for the underground station was 8.34 million in 2015.

Financial

Rent

The rent payable to be in excess of £37,500 per annum net of VAT or a percentage of turnover, whichever is the higher. The rent will be exclusive of rates and service charge.

Lease Term

The unit is available by way of a new 6 year lease contracted outside the Landlord and Tenant Act 1954.

Rates

Rateable Value (2017) - £19,250 Rates Payable (2018/19) - £9,490 Interested parties are advised to check with the local council with regard to business rates.

Contacts

Agents

Cushman & Wakefield

Vicky Davies

07917 686837

Email agent

Cushman & Wakefield

Alice Hershman

020 7152 5798

Email agent

Transport for London

Company Representative

Email agent

Cushman & Wakefield

Michael Soetan

7766133130

Email agent

Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.