5-8 Lower John Street, Golden Square London London W1
Unique office/retail unit
9,581 SqFt (890 SqM) approx
Location
The property is located at the South Western corner of Golden Square London W1, within a few hundred yards of Piccadilly Circus Underground Station (Piccadilly and Bakerloo lines). The extensive retail, leisure and restaurant facilities of Soho, Theatreland, Chinatown and Mayfair/ St James’s are all therefore readily accessible.
Description
The accommodation comprises a most unusual ground floor office/ retail unit, much of it with a ceiling height of 14 ft 9 ins (4.5m) supported by extensive lower ground floor board room, storage and other ancillary accommodation. It comprises approximately 9,581 sq ft arranged as follows: Ground floor - 4,999 sq ft, Lower ground floor - 4,048 sq ft, Vault Storage - 534 sq ft.The accommodation is likely to appeal to a range of occupiers including galleries, media and design orientated companies to whom the extensive volume of the ground floor will be an attraction.
Amenities
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Central West End location
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14 ft 9 ins ground floor ceiling height
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Central heating
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Goods lift
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Attractive period features
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Central heating
Lease
The accommodation is held upon a full repairing and insuring lease for a term to expire in December 2013, excluded from sections 24-28 of The Landlord and Tenant Act 1954 (Part II) as amended. The current rent is £230,000 per annum exclusive, subject to review on 15th September 2009.
Offers are invited for an assignment of this lease, or alternatively a sublease is available at a rent of £350,000 per annum exclusive without review.
Rates
We are informed that rates payable for the accommodation in the current year are £63,294 per annum.
Service Charge
We are informed that the service charge payable in the current year is £20,000 per annum. Building insurance of £7,000 per annum is also charged
Possession