Retail premises for sale in Monck Street, London SW1P

Guide price £900,000 (£813.74/sq. ft)
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Retail premises for sale

1,106 sq. ft*

Property features

  • Prominent new build retail unit with extensive full height glazed frontage
  • Arranged entirely over ground floor, totalling 1,109 sq ft (103 sq m)
  • The property is let to Step By Me cic on a new lease for a term of 10 years
  • A rent deposit equal to 6 months' rent is held by the Vendor
  • The property is held Long Leasehold for a term of 999 years from November 2015
  • Passing rent of £56,000 + VAT per annum
  • Offers sought in excess of £900,000

Property description

The property is located in the Victoria and Westminster sub-market, which form a core Central London district in the heart of the capital. The area is bounded by Mayfair and St James’s to the north, Belgravia and Knightsbridge to the west, the River Thames to the east and Pimlico tothe south. Westminster Quarter is situated on the west side of Monck Street, close to its junction with Great Peter Street. Monck Street links Horseferry Road to the south with Great Peter Street to the north. The surrounding area is a hugely popular commercial and residential location, with the European headquarter offices of Giorgio Armani, Tom Ford, Jimmy Choo, John Lewis and Burberry all within close proximity. Situated directly opposite the property is Tesco Express, Itsu, eat, Starbucks and Pret on Monck Street’s respective junctions.

The property comprises a ground floor triple glass fronted retail unit with a prominent aspect on Monck Street. The property is fitted to a high standard with a front reception and an open plan dance studio. The unit forms part of the commercial element of Westminster Quarter high-end residential development. The unit is approximately 1,106 sq ft (103 sq m).

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Ascent RE, NW1 on +44 20 8115 9992 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ascent RE, and do not constitute property particulars. Please contact Ascent RE for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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