50 New Bond Street, London, West End, W1S 1BJ

Location
This well-known building is prominently situated on the East side of New Bond Street, on the junction with Maddox Street. New Bond Street (Jubilee and Central lines), Oxford Circus (Bakerloo, Central and Victoria lines) plus Green Park (Jubilee and Piccadilly lines) Underground Stations are within a short walk.
Description
50 New Bond Street was constructed approximately six years ago as part of a major redevelopment designed by renowned architect Eric Parry. It provides 33,920 sq ft behind a modern faade and a retained Edwardian faade.
Amenities
High quality fit out predominantly open plan
Roof terrace on the 5th floor
Excellent natural light
2 x 17 person passenger lifts
4 pipe fan coil air conditioning
Full access raised floor (100mm void)
BREEAM rating Excellent

Lease
Our clients are seeking an assignment of their single lease over both floors. The lease runs for a term to expire 18th March 2025 and contains a tenant only option to determine on 19th March 2020 (penalty applies). The lease is contracted within the Security of Tenure and Compensation Provisions of the Landlord & Tenant Act 1954. The passing rent is only 89.00 per sq ft and is next subject to rent review on 19th March 2020. Premium offers for an assignment of our clients lease, to potentially include fixtures and fittings are invited.



Rent and Outgoings Rent:

89.00 per sq ft (passing)


Rates:

38.60 per sq ft


Service Charge:

11.95 per sq ft

Location