Retail premises for sale in Cleveland Street, London W1T
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Property description
Key Points
Description
Suitable for owner occupiers and investors.
A rare and unique opportunity to purchase a freehold in Fitzrovia which provides a ground floor commercial unit and a self-contained one bedroom apartment in the lower ground floor. Both premises has been modernised with wood flooring and spotlighting, utilising micro interior design initiatives to optimise the usable space. The commercial premises also benefits from an attractive window frontage that offers brand exposure on a destination retail thoroughfare.
Guide Price
£1,000,000 - subject to contract.
Tenure
Freehold. There are three flats on the upper floors, two of which are sold off at peppercorn ground rents, and the third at £200 per annum.
VAT
The property is not elected for VAT.
Viewing
We believe a property is best seen in person - contact us for a viewing, so we can walk you through how great this space is.
Further Information
EPC & other reports are available upon request.
Commercial Planning Use
Class E – Suitable for, retail, showroom, offices, medical, educational and leisure uses.
Business Rates
Rateable Value - £19,000
Rates Payable - £9,481 p.a. (subject to discretionary relief)
Commute
Great Portland Street - 1 min
Warren Street - 2 mins
Goodge Street - 6 mins
Tottenham Court Road - 10 mins
Foodie Hotspots
- Bento Ya - Miel
- Passyunk Avenue - Caravan
Liquid Lunch
- The Remedy Wine Bar - Smugglers Tavern
- The Albany - The Grafton Arms
A Stretch Away
- Pure Gym - F45
- Fitness First - Flow ldn
Parking
Just Park, Regents Park - 2 mins
Estimated Rental Values
Ground Floor (Commercial) - £22,500 pax
Lower Ground Floor (Residential) - £24,700 p/a
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
LDG, W1W on +44 20 8166 8213 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by LDG, and do not constitute property particulars. Please contact LDG for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.