Property Information
Address:
5-7 Dover Street, Mayfair, London W1J 5LQ
, W1J 5LQ
Price: Property no longer available.
Size: SOA
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH579710
Property Ref/Agent: 5-7-dover-street-w1
*Please use the agent ref when calling the agent directly.
Property description
5-7 Dover Street, W1
5-7 Dover Street, Mayfair, London W1J 5LQ
The premises are located towards the southern end of Dover Street, with occupiers in close proximity including Royal Academy of Arts, Alexander McQueen, Victoria Beckham and Aston Martin.
The location benefits from excellent transport links and is a two minute walk away from Green Park (Victoria, Jubilee and Piccadilly Lines).
The accommodation is trading as an art gallery over ground and first floor; it has been architecturally designed and benefits from volume. light and high ceilings.
Property type:
Retail
Tenure:
Leasehold
Lease:
The premises are available by way of an assignment of the effective Full Repairing and Insuring lease, for a term expiring in September 2025. There is a Tenant only break option in September 2020. The lease is held inside the security of tenure and compensation provisions of the Landlord and Tenant Act 1954 Part II.
Rent:
360,000
Business rates:
£49,632
Service charge:
Nil
Price:
We are seeking a premium of £250,000 for the benefit of this valuable leasehold interest including fixtures and fittings.
FLOOR
STATUS
Sq Ft
Sq M
Ground Floor
Available
1,415
132
First Floor
Available
1,514
141
;