Cushman & Wakefield

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  • Vicky Davies

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

Unit 87 Queensway, Bayswater Underground Station

London, Greater London, W2 4QH

87 Queensway, Bayswater Underground Station, London - Picture 2019-03-26-11-48-00

Size

232 sq ft, (22 sq m)

Lease Type

New Lease

Rent

£42,500 pa

The rent payable to be in the region of £42,500 per annum net of VAT and will be exclusive of rates and service charge.

Use Class

A1

Lease Term

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

Description

The property comprises a ground floor retail unit with glass window frontage. It is located on the right hand side when exiting Bayswater Station. The entrance leads out onto Queensway. The area is experiencing great change and improvement with property along the street being bought for redevelopment. The unit would be suitable for a dry use operator looking to benefit from a prominent location. The unit has power, but no water or drainage.

Location

Bayswater is a London Underground station in the Bayswater area of the City of Westminster. The station is on the Circle and District lines, between Notting Hill Gate and Paddington stations and is in Travelcard Zone 1. It is less than 100 meters away from the Central line's Queensway station.

Rates

The current Rateable Value is £31,500 The Rates Payable (2017/18) are £14,680. The Uniform Business Rate in 2017/2018 is 46.6 Interested parties are advised to check with the local council with regards to business rates.

Service Charge

The Landlord reserves the right to introduce a service charge at any time during the lease term to cover all RICS approved reasonable expenditure. Such charge is to be capped at an agreed amount.