80 Edgware Road
London
W2 2EA

Central London Retail Investment

  • Let to tenant trading as AL Razi Pharmacy
  • Shop lease expires March 2027 (no breaks)
  • Located between London Marriott Hotel Marble Arch and Marble Arch Underground Station in popular Central London location
  • Asset management opportunities
  • Lot
    28
  • Auction
    05/Dec/2018
  • Rent
    £53,900 per Annum
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of a Charitable Trust
  • 80 Edgware Road<br>London<br>W2 2EA
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  • Map

Property Information

Location
Miles
0.3 miles from Hyde Park, 0.6 miles from Regent’s Park
Roads
A5 (Edgware Road), A40 (Westway), A4202 (Park Lane)
Rail
Edgware Road Station (450m), Marble Arch Railway Station (550m)
Air
London Heathrow Airport
Situation

The property is prominently situated on the eastern side of Edgware Road (A5), at its junction with Stourcliffe Street and south of its junction with George Street. The property is located between The Marriott Hotel (Marble Arch) and Marble Arch Underground Station. Other nearby retailers on Edgware Road include Tesco Metro, Waitrose, Boots the Chemist, Starbucks, Pret a Manger, Caffè Nero and branches of Lloyds, HSBC, and Halifax banks.

Tenure

Leasehold. Held on an intermediate leasehold interest for a term of 90 years less three days from 25th March 1937 expiring 21st March 2027 at a fixed rent of £100 p.a. The freehold is held by The Portman Estate.

Description

The property comprises a pharmacy arranged on the ground floor and basement, forming part of a larger building.

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

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
Ground
Basement
Pharmacy
Ancillary
42.40 sq m
66.30 sq m
(456 sq ft)
(714 sq ft)
INDIVIDUAL
t/a Al Razi
Pharmacy
A term of years from
13/11/2017 until 19/03/2027 on
a full repairing and insuring
lease
£53,90012/11/2022
Total
108.70 sq m
(1,170 sq ft)
  £53,900 

Property Documents

  • Solicitors Legal Pack
    Updated Date
    30.11.18
    File Size
    13 MB
    Login to View
  • Catalogue Page
    Updated Date
    13.11.18
    File Size
    940 KB
    View PDF
  • Site Plan
    Updated Date
    13.11.18
    File Size
    3 MB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George WatkinsGeorge Watkins +44 (0)20 7034 4861george.watkins@acuitus.co.uk
Seller's Solicitors
DWFM Beckman Solicitors 101 Wigmore Street
London
W1U 1FA
Joshua Steinhaus 0207 408 8888joshua.steinhaus@dwfmbeckman.com

Useful Links

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