108 Cleveland Street Fitzrovia London W1T 6NY

108 Cleveland Street
Fitzrovia
London
W1T 6NY

Central London Retail Investment

  • Retail Investment let until 2027 (subject to option)
  • Situated in the Fitzrovia District of Prime Central London
  • Approximately 150 metres north of the landmark BT Tower
  • Approximately 400 metres west of University College London
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    25
  • Auction
    12th February 2015
  • Rent
    £20,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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  • Photos
  • Map

* More information on the term "guide" can be found here

Central London Retail Investment

  • Retail Investment let until 2027 (subject to option)
  • Situated in the Fitzrovia District of Prime Central London
  • Approximately 150 metres north of the landmark BT Tower
  • Approximately 400 metres west of University College London
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 25
  • Auction 12th February 2015
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • 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.

Property Documents

  • Catalogue Page
    Updated Date
    21.01.15
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Kingsley Napley Knights Quarter, 14 St John's Lane
London
EC1M 4AJ
James Caswell 0207 814 1200jcaswell@kingsleynapley.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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