LOCATION
The shop is located on Long Acre which is one if the premier shopping thoroughfares in Covent Garden. The shop benefits from being part of the St Martin’s Courtyard shopping and dining destination and is adjacent to L.K.Bennett, whilst other nearby occupiers include Jack Wills, Reiss, Barbour, Banana Republic and COS. Covent Garden underground station, Seven Dials and Covent Garden Piazza are within a few minutes’ walk.
ACCOMMODATION
The shop is arranged over the ground floor and provides the following approximate dimensions and net internal floor areas:
Ground Floor:
251 sq ft 23.32 sq m
Gross Frontage
16ft 7ins 5.1m
Shop Depth
21ft 10ins 6.7m
TENURE
The property is available by way of a new effectively full repairing and insuring lease for a term to be agreed. In accordance with other lettings in St Martin’s Courtyard, the lease will be contracted outside the security of tenure and compensation provisions of the Landlord & Tenant Act 1954 Part II (as amended). The premises will be available from September 2013.
RENT
Subject to contract, rental offers are invited in the region of £95,000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
RATES
Rates are yet to be assessed, interested parties are advised to contact the local authority.
SERVICE CHARGE
£1,835 per annum
LEGAL COSTS
Each party is to be responsible for its own legal costs incurred with the connection of this letting.