Prime E Class Premises on Kingsway WC2

Key Features

• Very High Footfall Location
• Close to LSE & King’s College University Campuses
• Very Well fitted Out
• Excellent Transport Links
• Inside the 1954 Act Lease

Description

The premises are currently fitted out to a very good standard entirely on the ground floor. There are toilets in situ and plenty of storage space as well as a small staff room.

Available area

The accommodation comprises the following areas:

Location

The property is located at the southern end of Kingsway, close to its junction with Aldwych. The area benefits from being close to LSE & King’s College University campuses, together with Covent Garden’s world famous theatres to the West. The unit is situated adjacent to Caffe Nero and close to Costa Coffee, Coco Di Mama, Starbucks, Co op, Wasabi and Pret A Manger.

Tenure

An assignment of the existing lease which expires in March 2037 with 5 yearly rent reviews, with the next one being in 2027. The lease is granted inside the L&T act 1954.

Current Rent

£85,000 per annum exclusive.

Premium

On Application.

VAT

VAT may be applicable to the rent, premium and all other figures quoted.

Planning

The premises benefit from E Class Planning use.

Confidentiality

Highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.

Holding Deposit

A holding deposit will be required to secure the property which will allow a period of exclusivity and will be held in the CDG Leisure client account.