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Manette Street, London, W1D
  Pw
£50,000

Description

£50,000PW
Manette Street, London, W1D

Location: The premises are situated in a prime location of London within minutes of Tottenham Court Road Tube Station which is located at a junction linking Tottenham Court Road, New Oxford Street and Oxford Street shopping areas.

Description: The property comprises of a Internet Cafe with 12pc stations, basement area consists of a small storage, office and washroom. The current opening hours are 7am to 4am Mon-Sat and 10am to 4am.

Current Use Class Order: A1 Shops

Total Area: 48.10m2/unit (517.74SqFt)

Lease: 15year FRI Lease with 9 years expired, the lease will be contracted inside of the security of tenure and compensation provisions of the Landlord and Tenant Act 1954.

Rent: £32,500 pax

Premium: £50,000

 

FULL DETAILS:

Internet Cafe Lease for Sale in Manette Street, London, W1D 4AR £32,500 pax Premium: £50,000

Regent 2000 Properties are pleased to offer for rent this Internet Cafe in a prime location of Charing Cross Road. The unit is ideally located within the vibrant and diverse northern section of Central London and is surrounded by vast array of boutiques and eateries. The property comprises of a Internet Cafe with 12pc internet stations, a basement storage and office area. The business currently has an excellent turnover and can also be converted to be used for anything which comes under the A1 use category.

Conveniently situated on Manette Street near to Tottenham Court Road underground station in the heart of West End / Central London. In addition there are various bus routes serving this area within a few hundred metres distant.

 

Location:

The property is located in a prime position towards the east side of Charing Cross Road on Manette Street. The property is within close Proximity to Tottenham Court Road Underground Station and is situated on a busy route for pedestrians heading to and from Soho, Covent Garden and Leicester Square. Nearby occupiers include TK Maxx, Chipotle, Blackwell's

 

Accommodation:

Use class orders: A1 Shops, Special category code: 249 - Shops

The property is arranged over two floors, ground and basement.

Ground Retail Zone A: 17.60m2/unit (189.45SqFt)

Ground Retail Zone B: 4.50m2/unit (48.44SqFt)

Display Case: 1.30m2/unit (13.99SqFt)

Basement Internal Storage: 15.30m2/unit (164.69SqFt)

Basement Office: 9.40m2/unit (101.18SqFt)

Total Area: 48.10m2/unit (517.74SqFt)

 

Lease: 15year FRI Lease with 9 years expired, the lease will be contracted inside of the security of tenure and compensation provisions of the Landlord and Tenant Act 1954.

 

Rent: £32,500 per annum exclusive of rates, service charge and VAT (if applicable).

 

Premium: £50,000

Rates: Due to the reconfiguration, the rateable value is to be reassessed. Interested parties are advised to clarify with the relevant Local Authority.

Further details are available from www.voa.gov.uk.

 

Legal Costs:

Each party is to be responsible for its own legal costs incurred in the transaction.

 

Viewing:

Strictly by appointment through Regent 2000 Properties.

 

 


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