Cushman & Wakefield

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Contacts

  • Vicky Davies

    • T: 07917 686837 (Mobile)
    • T: 020 7152 5595 (Office)
  • Alice Hershman

    • T: 020 7935 5000 (Office)
    • T: 07702 518 499 (Mobile)
    • T: 020 7152 5798 (Direct)
  • Michael Soetan

    • T: 0207 152 5125 (Office)
    • T: 07766 133 130 (Direct)

183 Praed Street

London, Greater London, W2 1RH

183 Praed Street, London - Picture 2019-03-26-10-49-52

Size

347 sq ft, (32 sq m)

Lease Type

New Lease

Rent

£27,000 pa

Offers invited in the region of £27,000 per annum or an agreed percentage of turnover rent net of VAT, whichever is the higher. The rent will be exclusive of rates and service charge.

Use Class

A1

Lease Term

The shop is available by way of a new 3 year lease contracted outside the Landlord and Tenant Act 1954 and is subject to a 6 month rolling Landlord break, incorporating a rent review in year 3.

Description

The space is arranged over ground and first floor with a good quality staircase linking the floor. The first floor is significantly bigger than the ground floor. The unit also benefits from a WC and water and drainage. The unit is stripped out and ready for occupation.

Location

183 Praed Street is located within London’s Paddington district (part of the City of Westminster). Paddington mainline station is situated opposite. The unit is located along the parade of shops at the Bakerloo line exit of Paddington Underground Station, and is directly opposite the Hilton London Paddington Hotel.

Tenure

Leasehold

Rates

  • Rateable Value: £17,500
  • UBR: 48.00p/£
  • Rates Payable: £8,400

Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

N/A

Viewing

Strictly by appointment.