London WC2N – 13 New Row, Covent Garden

CENTRAL LONDON RETAIL UNIT
LEASE FOR SALE
London WC2N – 13 New Row, Covent Garden
Central London Location
Busy thoroughfare in Covent
Garden
Significant lease length remaining
Close to Leicester Square
Underground Station
LOCATION
RENT
CONTACT US
The property occupies a strategic position at
the east end of New Row, close to its junction
with Garrick Street and King Street.
The passing rent is £73,500 per annum
exclusive of rates, service charge and VAT (if
applicable)
Staff are unaware of the impending sale,
therefore all appointments to view must be
arranged
via
sole
agents
Colliers
International, through:
The property benefits from close proximity to
Leicester Square Underground Station and is
a main thoroughfare to Covent Garden
Piazza. Occupiers in the immediate vicinity
include Waterstones, Tesco Metro and
Carluccio’s in addition to numerous
independent operators.
CONSIDERATION
Premium Offers invited
RATES
We have been advised by the Local Authority
that the premises are assessed for rating
purposes as follows:
Sasha Riddle
+44 20 7487 1607
Sasha.riddle@colliers.com
David Carlsson
+44 20 7344 6824
David.carlsson@colliers.com
ACCOMMODATION
The premises are arranged over ground and
basement floors and comprise the following
approximate dimensions and net internal floor
areas:
Internal Width
13 ft
4m
Shop Depth
59 ft
18 m
Ground Floor Sales
834 sq ft
77 sq m
Basement Ancillary
767 sq ft
71 sq m
Total Floor Area
1,601 sq ft 149 sq m
TENURE
nd
Held by way of a 25 year lease from 22
May 1996, with 5 yearly upward only rent
reviews, expiring on 21st May 2021. The
lease is inside the protection of the Landlord
& Tenant Act.
Rateable Value
UBR (2015/16)
Rates Payable
£48,750
49.3
£24,033
Prospective tenants are advised to confirm
any rating liability directly with the Local
Authority (020 8753 6681).
COSTS
Each party is to be responsible for their own
legal and all other professional costs incurred
in the transaction.
Colliers International
50 George Street
London W1U 7GA
+44 20 7935 4499
www.colliers.com/uk/retail
London – 13 New Row, Covent Garden, WC2N
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an
offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but
must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any
representation or warranty whatsoever in relation to this property. 23/04/15
Colliers International is the licensed trading name of Colliers International Retail UK LLP which is a limited liability partnership registered in England and Wales with registered number
OC334835. Our registered office is at 50 George Street, London W1U 7GA.