Property description
PRIME GROUND & LOWER GROUND FLOOR GALLERY ( Approx 2200 sq ft ) *** CONFIDENTIAL ***
The premises are situated on the North side of Eastcastle Street close to Wells Street. Eastcastle Street runs parallel with Oxford Street and Oxford Circus and Tottenham Court Road Underground Stations are both within close proximity, 22 Eastcastle Street is situated in the heart of London`s premier fashion and media district, on the south side of Eastcastle Street at its junction with Winsley Street. Oxford Circus underground station, as well as the numerous shopping facilities along Oxford Street are within a moment`s walk.
Comprises the Ground and Lower Ground Floors benefiting from window frontage onto Eastcastle Street
APPROX FLOOR AREAS:
Ground Floor
1,160 sq ft
Basement
1,035 sq ft
Total
2,195 sq ft
AMENITIES:
Excellent Ceiling Height
Excellent Window Frontage
Kitchenette
Excellent Storage
Recently Refurbished
LEASE:
Offered by the way of a lease assignment, for a term of 10 years starting 2013 contracted out of the security tenure and compensation provisions of the Landlord and Tenant Act 1954, Part II as amended,
The tenant will have an option to break the lease at the end of the 5th year
There will be an upwards only rent review at the end of the 5th year of the term
RENT: £68,000 per annum exclusive
SERVICE CHARGE: The on account service charge for year 1st April 2013 to 31st March 2014 is £17,250 plus VAT
, the service charge will be capped at this figure, plus a rise in line with the RPI for the first 3 years of the term
PREMIUM: Offers Invited
LEGAL COSTS:
Each party to be responsible for their own legal costs.
VIEWING:
By appointment through Sole Agents : Next Property Commercial 0207 118 0000
George.smith@nextpropertycommercial.co.uk
Misrepresentation Act 1967. These particulars are intended only to give a fair description of the property and do
not form the basis of a contract or any part thereof. These descriptions and all other information are believed to
be correct but their accuracy is in no way guaranteed
Notice
All photographs are provided for guidance only.