11 Grosvenor St, Mayfair, London W1K 4QB  - W1K

020 7493 9911
40 Manchester Street, Marylebone, London, W1U 7LL
w: www.ianscott.com

PRIME MAYFAIR RETAIL
LEASE FOR SALE

11 Grosvenor St
Mayfair
W1K 4QB

(A1 Fashion/ Gallery/ A1 Food/
Showroom)

Location:

The property is located in the heart of Mayfair between Davies Street and New
Bond Street with nearby occupiers including Soho Coffee, ITSU, Agent
Provocateur, Backes & Strauss and Breitling.

Accommodation:

A ground floor lock up shop providing a net internal area of approx. 2,775 sq ft
(shop layout plan can be provided).

Lease terms:

An existing 10-year EFRI lease from 26th November 2015, outside the act, with a
rent review in the 5th year (2020) at a rent of £255,000 pax.

Premium:

Offers in excess of £100,000 for the benefit of the leasehold interest.

Rateable Value:

£120,000 Rates Playable (2017/18) £59,160 plus crossrail supplement of £2,400
(interested parties to make their own enquiries via Westminster City Council: 020
8315 2050).

Insurance:

Circa £754.32 per annum

Legal Costs:

Each party to bear their own legal & surveyors.

Timing:

ASAP subject to landlord consent and completion of legal formalities.

Viewing:

Confidential and staff unaware. Viewings are strictly by prior appointment, via the
sole agents.

PHILIP BELL
IAN SCOTT INTERNATIONAL
0207 297 6453 / 07785 932233
philipbell@ianscott.com

Retail & Leisure - Investment & Development - Residential - Asset Management

 020 7493 9911