From
£1,200,000
Property for saleTottenham Court Road, London W1T
Just added
Auction
About this property
Prominent Fitzrovia Leasehold Shop Investment
Well located opposite Goodge Street Underground Station
Let to Optical Center UK Ltd until November 2037(1)
Offered on behalf of a Major UK Fund
VAT is applicable
Current rent of £120,000 per annum (Reflecting 10% giy)
Strapline
Auction Sale - 03/11/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Prime Fitzrovia Retail Investment Let to Optical Center UK Ltd Producing £120,000 p.a.
Description
The prominent property is arranged over ground floor and basement to provide a triple fronted shop.
Location
The property occupies a prime trading position on the eastern side of Tottenham Court Road in the heart of Fitzrovia, directly opposite Goodge Street Underground Station and within walking distance of Tottenham Court Road (Elizabeth Line), Oxford Street and Bloomsbury.
Tottenham Court Road is one of Central London's principal retail thoroughfares and benefits from substantial pedestrian footfall, serving a diverse mix of retail, restaurant, office and residential occupiers.
Transport
Underground - Goodge Street Underground Station (Northern Line) is located directly opposite the property, with Tottenham Court Road Station (Central, Northern and Elizabeth Lines) nearby. Euston, King's Cross St Pancras and Charing Cross mainline stations are all within easy reach.
Tenancy
Let to Optical Center UK Ltd on an Effective full repairing and insuring (Annual Rent plus Building Service Charge) subject to a Schedule of Condition lease for a term of 15 years from November 2022 at £120,000 per annum.
(1)The lease provides for 5 yearly rent reviews and tenant break options. The rent review is subject to a cap of 130% of the passing rent.
N.b. A rent deposit of £72,000 plus a sum equivalent to VAT of £12,000 is held. Please see the rent deposit deed in the legal pack for more information.
Accommodation
Ground Floor and Basement- 2,513 sq ft
Auction Sale - 03/11/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Prime Fitzrovia Retail Investment Let to Optical Center UK Ltd Producing £120,000 p.a.
Description
The prominent property is arranged over ground floor and basement to provide a triple fronted shop.
Location
The property occupies a prime trading position on the eastern side of Tottenham Court Road in the heart of Fitzrovia, directly opposite Goodge Street Underground Station and within walking distance of Tottenham Court Road (Elizabeth Line), Oxford Street and Bloomsbury.
Tottenham Court Road is one of Central London's principal retail thoroughfares and benefits from substantial pedestrian footfall, serving a diverse mix of retail, restaurant, office and residential occupiers.
Transport
Underground - Goodge Street Underground Station (Northern Line) is located directly opposite the property, with Tottenham Court Road Station (Central, Northern and Elizabeth Lines) nearby. Euston, King's Cross St Pancras and Charing Cross mainline stations are all within easy reach.
Tenancy
Let to Optical Center UK Ltd on an Effective full repairing and insuring (Annual Rent plus Building Service Charge) subject to a Schedule of Condition lease for a term of 15 years from November 2022 at £120,000 per annum.
(1)The lease provides for 5 yearly rent reviews and tenant break options. The rent review is subject to a cap of 130% of the passing rent.
N.b. A rent deposit of £72,000 plus a sum equivalent to VAT of £12,000 is held. Please see the rent deposit deed in the legal pack for more information.
Accommodation
Ground Floor and Basement- 2,513 sq ft
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Monthly repayment
£6,002 per month
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