14-16 Princes Arcade, London
Rent
£55,000 pax
Size
374 sq ft (34.76 sq m)
Location
Princes Arcade is located in the heart of St James’s, connecting Piccadilly with Jermyn Street. The premises is situated on the western side of the arcade, with nearby occupiers including Luca Faloni, Grenson, Sirplus, Barker Shoes and Compane.
In addition to the well-established retail and restaurants in St James's, the location benefits from close proximity to Green Park & Piccadilly Circus Underground Station. St James's benefits from having one of the most affluent office catchments.
Additional remote storage space may be available on request.
| Accommodation |
| Ground Floor |
374 sq ft |
34.76 sq m |
| Total
|
374 sq ft
|
35 sq m
|
| Rates |
| Rateable Value | £39,500 |
|---|
| Rates Payable £39,500 | £15,089 (estimate) |
Interested parties are advised to make their own enquiries with Westminster Council to confirm their exact liabilities.
Lease Term
The premises are available on a new standard Crown Estate lease, for a term to be agreed outside of the Landlord and Tenant Act 1954.
Service Charge
Est £7,179
VAT
TBC
Costs
Each party are to be responsible for their own costs incurred in the transaction.
Viewing
Viewings are to be arranged in advance via KLM Real Estate, or alternatively via joint agents Cushman & Wakefield.
Energy Performance Certificate
Rating B (39)
Interested parties are advised to make their own enquiries to verify the rates payable by contacting Westminster City Council.