LOCATION
This shop is located in the heart of Soho on Berwick Street, famous for the food market and as a focus for fabric, fashion and innovative retailers that quickly become “Soho Heroes”. The Breakfast Club and Flat White are hubs for Soho-ites and Yauatcha for those looking for elegance. Fabric shops have a long history in the street, supplying some of the country’s top fashion designers and vinyl record shops are still a haven for those seeking something rare. New local heroes include Gosh Comics, Misan Fabrics, Foxcroft & Ginger, as well as new aspiring fashion names including Oliver Spencer, Footpatrol, Chris Kerr, The Candy Store, Percival Menswear, and most recently: Nudie Jeans (their only UK store).
ACCOMMODATION
The shop is arranged over the ground and basement floors and provides the following approximate dimensions and net internal areas;
Gross Frontage 12’1” 3.70 m
Shop Depth 50’ 2” 15.29 m
Ground Floor 617 sq ft 57.36 sq m
Basement 674 sq ft 62.61 sq m
Total 1,291 sq ft 119.93 sq m
RENT
Subject to contract, rental offers are invited in the region £65,000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
TENURE
The shop is available to let by way of a new effectively full repairing and insuring lease for a term to be agreed. In accordance with other lettings on Berwick Street, the lease will be contracted outside the security of tenure and compensation provisions of the Landlord & Tenant Act 1954 Part II (as amended).
RATES
We are verbally advised by the local authority the premises have been assessed for rating purposes as follows:
Rateable Value (2010) £43,500
Uniform Business Rate (2013/2014) XXX in the £
Rates Payable (2013/14) £21,358.50
Interested parties are advised to verify the above with the local authority.
SERVICE CHARGE
The service charge for the current financial year (2013) is estimated at £2,000 per annum. Further information is available on request.