Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
300 metres south-east of Regent’s Park
950 metres north of Oxford Circus
600 metres east of BBC Broadcasting House
Roads
A41, A400, A501
Rail
Regent’s Park (Bakerloo Line), Great Portland Street (Metropolitan, Circle and Hammersmith & City Line), Warren Street (Victoria and Northern Line)
Air
London City Airport
Situation
Fitzrovia is a fashionable and highly affluent residential and commercial district of Central London and situated north of Soho and east of Marylebone. Cleveland Street is located in the heart of Fitzrovia some 150 metres from the Fitzroy Square Gardens.
The property is situated at the northern end of Cleveland Street near its junction with Marylebone Road, just 300 metres south-east of Regent’s Park.
Tenure
Virtual Freehold. Held for a term of 999 years from 17th November 2014 at a peppercorn rent.
Location
Miles
300 metres south-east of Regent’s Park
950 metres north of Oxford Circus
600 metres east of BBC Broadcasting House
Roads
A41, A400, A501
Rail
Regent’s Park (Bakerloo Line), Great Portland Street (Metropolitan, Circle and Hammersmith & City Line), Warren Street (Victoria and Northern Line)
Air
London City Airport
Situation
Fitzrovia is a fashionable and highly affluent residential and commercial district of Central London and situated north of Soho and east of Marylebone. Cleveland Street is located in the heart of Fitzrovia some 150 metres from the Fitzroy Square Gardens.
The property is situated at the northern end of Cleveland Street near its junction with Marylebone Road, just 300 metres south-east of Regent’s Park.
Tenure
Virtual Freehold. Held for a term of 999 years from 17th November 2014 at a peppercorn rent.
Description
The property comprises ground floor retail accommodation.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail accommodation.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground
Retail
25.97 sq m
(280 sq ft)
SURYAKANT VALLABHDAS PATEL (t/a Western Printers) (1)
12 years from 01/01/2015 on a full repairing and insuring lease (2)
£20,000
01/01/2019 and 4 yearly
Totals
25.97 sq m
(280 sq ft)
£20,000
(1) The tenant has been trading in Cleveland Street for over 20 years. (2)The lease provides for a tenant option to determine the lease on 4th January 2019.