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Unit 4&5, Piccadilly Circus Underground Station

City of London, W1J 9HP

Unit 4&5

Overview

Size

0 sq ft

Availability

To Let

Details

Description

These units form part of a parade of shops within Piccadilly Circus Underground station. They occupy a prominent location within the station adjacent to exit 2. The units can be occupied separately or as one. There is no water or drainage in either unit and both are currently vacant.

Location

Piccadilly Circus is a London Underground station located in London’s West End and is in Travelcard Zone 1. The station is on the Piccadilly line between Green Park and Leicester Square and on the Bakerloo line between Charing Cross and Oxford Circus. A tourist attraction in it’s own right, Piccadilly Circus has great connections to London’s famous shopping destinations on Oxford Street and Regent Street as well as the bustling theatre district of Shaftesbury Avenue. Passenger footfall at the station was 39.03 million.

Financial

Rent

The Landlord is seeking offers for each unit on the following basis: Unit 4 - £41,500 per annum exclusive Unit 5 - £15,000 per annum exclusive The rent is to be either the above base rent or a percentage of turnover, whichever is the higher and will be exclusive of rates and service charge.

Lease Term

The units are available by way of a new 6 year lease contracted outside of the Landlord and Tenant Act 1954 and is subject to a 6 month rolling landlord break.

Lease Type

New Lease

Rates

Interested parties are advised to confirm rates with Westminster City Council.

Contacts

Agents

Cushman & Wakefield

Michael Soetan

7766133130

Email agent

Cushman & Wakefield

Alice Hershman

020 7152 5798

Email agent

Transport for London

Company Representative

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.