A1/A3 Unit for rent on South Molton Street, Mayfair. The premises is arranged over the ground floor and basement and covers a total area of approximately 925 sq. Ft. South Molton Street is a pedestrian precinct, lined with original Georgian houses and home to many fashion and jewellery shops. Nearby brands include Jaks restaurant, Thomas Sabo, Anoushka, and the Castle Galleries fine art gallery.
The premises has a pavement licence for outside seating. Plans have been approved by the City of Westminster for a rear extension, the amalgamation of the ground floor and basement and a full height extraction ductwork to roof level.
Premium: The outgoing tenant requires a premium of offers in the region of £75,000, to surrender the current lease.
Lease: New Lease
Plans have been approved by Westminster for a full height extraction ductwork to the roof level, a rear extension, and the amalgamation of the ground floor and basement.
Size: Ground Floor: 475 sq ft Basement: 450 sq ft Total: 925 sq ft
Business Rates: Rateable Value: £139,900.00 Rates Payable: £ 68,970.70
Legal Costs: Each party to be responsible for their own legal costs.
Viewing: By appointment through Next Property Commercial
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