Lease for Sale
Harley Street, London W1G
(Reference No. 024255)
Situated on a prominent corner at the junction with Harley Street and Queen Ann Street. This is thought to be the best end of Harley Street with close proximity to Cavendish Square. The property is roughly equidistant from Oxford Circus and Bond Street. Harley Street is a world famous address.
Comprising a suite of offices arranged over ground floor and basement with shared reception and WC facilities. The premises are arranged with large meeting room/office, large general office and single office all at ground floor level plus kitchenette area. In the basement there are two rooms suitable for archiving/storage or possibly as office together with WC. Please note that the property is held on a rare Inside the Landlord & Tenant Act Lease, which means the tenant has the right of renewal perpetually, although the current lease expires in March 2020.
Held on a 5 year lease expiring 25th March 2020 at £30,000 pa. Please note that this lease is within the Landlord & Tenant Act 1954 and therefore the tenant has the right to renewal. (Notice has been served by the landlords and our client anticipates settlement in the region of £35,000 pa). The lease is internal repairing only and there is a tenant only rolling break every 6 months. The lease is restricted to office use and not suitable for medical use.
A premium of £25,000 is sought for the benefit of this valuable lease.
|Subject to Contract
Tel: 020 8559 1122