Retail premises for sale in Tottenham Street, London W1T

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 and lower ground floor commercial unit suitable for a variety of uses, that will thrive from brand exposure on a destination retail thoroughfare. The property has historically been occupied by hairdressing businesses, with access to a number of waste and water points throughout.

Guide Price

£395,000 - subject to contract.

Tenure

Freehold. The upper floors (31a) has been sold off as a virtual freehold (until 2999), receiving a ground rent of £100 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 - £12,500
Rates Payable - £6,237.50 per annum
(based on the small business relief multiplier).

Commute

Goodge Street - 3 mins
Tottenham Court Road - 8 mins
Oxford Circus - 10 mins
Warren Street - 10 mins
Great Portland Street - 11 mins

Foodie Hotspots

- Goodge Place Market - Salt Yard
- Icco - Six By Nico

Liquid Lunch

- The Queen Charlotte - One Tun
- Fitzroy Tavern - The Duke of York

A Stretch Away

- The Gym - Tens Fitness
- Psycle - Pure Gym

Parking

ParkBee Clipstone Mews - 6 mins

Estimated Rental Value

£25,000 per annum exclusive.