108 Cleveland Street Fitzrovia London W1T 6NY

108 Cleveland Street
Fitzrovia
London
W1T 6NY

Central London Retail Investment

Retail Investment let until 2027 (subject to option)
Situated in the Fitzrovia District of Prime Central London
Approximately 150 metres north of the landmark BT Tower
Approximately 400 metres west of University College London
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
25
Auction
12th February 2015
Rent
£20,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Interested?

Expand
Photos
Map

Central London Retail Investment

Retail Investment let until 2027 (subject to option)
Situated in the Fitzrovia District of Prime Central London
Approximately 150 metres north of the landmark BT Tower
Approximately 400 metres west of University College London
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 25
Auction 12th February 2015
Rent £20,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 300 metres south-east of Regent’s Park; 950 metres north of Oxford Circus; 600 metres east of BBC Broadcasting House
Roads: A41, A400, A501
Rail: Regent’s Park (Bakerloo Line), Great Portland Street (Metropolitan, Circle and Hammersmith & City Line), Warren Street (Victoria and Northern Line)
Air: London City Airport

Situation

Fitzrovia is a fashionable and highly affluent residential and commercial district of Central London and situated north of Soho and east of Marylebone. Cleveland Street is located in the heart of Fitzrovia some 150 metres from the Fitzroy Square Gardens.
The property is situated at the northern end of Cleveland Street near its junction with Marylebone Road, just 300 metres south-east of Regent’s Park.

Tenure

Virtual Freehold. Held for a term of 999 years from 17th November 2014 at a peppercorn rent.

Location

Miles: 300 metres south-east of Regent’s Park; 950 metres north of Oxford Circus; 600 metres east of BBC Broadcasting House
Roads: A41, A400, A501
Rail: Regent’s Park (Bakerloo Line), Great Portland Street (Metropolitan, Circle and Hammersmith & City Line), Warren Street (Victoria and Northern Line)
Air: London City Airport

Situation

Tenure

Virtual Freehold. Held for a term of 999 years from 17th November 2014 at a peppercorn rent.

Description

The property comprises ground floor retail accommodation.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground	Retail	25.97 sq m	(280 sq ft)	SURYAKANT VALLABHDAS PATEL (t/a Western Printers) (1)	12 years from 01/01/2015 on a full repairing and insuring lease (2)	£20,000	01/01/2019 and 4 yearly
Totals		25.97 sq m	(280 sq ft)			£20,000

(1) The tenant has been trading in Cleveland Street for over 20 years.
(2)The lease provides for a tenant option to determine the lease on 4th January 2019.