5-8 LOWER JOHN STREET

GOLDEN SQUARE

LONDON W1

UNIQUE OFFICE / retail unit Approx 9581 sq ft (8901 sq m)

Location:The property is located at the South Western corner of Golden Square London W1, within a few hundred yards of Piccadilly Circus Underground Station (Piccadilly and Bakerloo lines). The extensive retail, leisure and restaurant facilities of Soho, Theatreland, Chinatown and Mayfair/ St James’s are all therefore readily accessible.

Accommodation:The accommodation comprises a most unusual ground floor office/ retail unit, much of it with a ceiling height of 14 ft 9 ins (4.5m) supported by extensive lower ground floor board room, storage and other ancillary accommodation. It comprises approximately 9,581 sq ft arranged as follows:

Floor
Ground floor / 4,999 sq ft
Lower ground floor / 4,048 sq ft
Vault Storage / 534 sq ft
Total / 9,581 sq ft approximately

The accommodation is likely to appeal to a range of occupiers including galleries, media and design orientated companies to whom the extensive volume of the ground floor will be an attraction.

Amenities:

  • Central West End location
/
  • Goods lift.

  • 14 ft 9 ins ground floor ceiling height
/
  • Attractive period features

  • Central heating.

Terms:The accommodation is held upon a full repairing and insuring lease for a term to expire in December 2013, excluded from sections 24-28 of The Landlord and Tenant Act 1954 (Part II) as amended. The current rent is £230,000 per annum exclusive, subject to review on 15th September 2009.

Offers are invited for an assignment of this lease, or alternatively a sublease is available at a rent of £350,000 per annum exclusive without review.

Legal costs:Each party is to be responsible for its own legal costs.

Rates:We are informed that rates payable for the accommodation in the current year are £63,294 per annum.

Service chargeWe are informed that the service charge payable in the current year is £20,000 per annum. Building insurance of £7,000 per annum is also charged

Viewing:Strictly by arrangement with sole agents:

Richard ScottHinesh Trivedi

020 7522 8516020 7522 8531

Mellersh & HardingMellersh & Harding