Retail premises for sale in Cleveland Street, London W1T

Key Points

Description

Suitable for owner occupiers and investors.

A rare and unique opportunity to purchase a virtual freehold in Fitzrovia which provides a ground floor commercial unit suitable for a variety of uses. The premises has been modernised with wood flooring and spotlighting, utilising micro interior design initiatives to optimise the usable space. The commercial premises also benefits from an attractive window frontage that offers brand exposure on a destination retail thoroughfare.

Guide Price

£475,000 - subject to contract.

Tenure

Virtual Freehold (999-years) at a peppercorn ground rent.

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 - £19,000
Rates Payable - £9,481 p.a. (supporting small business 2023 relief)

Commute

Great Portland Street - 1 min
Warren Street - 2 mins
Goodge Street - 6 mins
Tottenham Court Road - 10 mins

Foodie Hotspots

- Bento Ya - Miel
- Passyunk Avenue - Caravan

Liquid Lunch

- The Remedy Wine Bar - Smugglers Tavern
- The Albany - The Grafton Arms

A Stretch Away

- Pure Gym - F45
- Fitness First - Flow ldn

Parking

Just Park, Regents Park - 2 mins

Estimated Rental Values

Ground Floor (Commercial) - £22,500 pax

Further Opportunity

There is a further opportunity to purchase a one bedroom residential apartment in the lower ground floor which is available for £525,000.