TWELVE D’ARBLAY STREET SOHO LONDON W1F 8DU
FREEHOLD RETAIL & OFFICE BUILDING FOR SALE – Suitable for Investment, Conversion &/or Development (stpp)
www.rib.co.uk LOCATION Tottenham Court Road The vibrant district of Soho forms part of London’s West End and is a long established entertainment and media area. D’ArblayStreet runs east/west between Wardour Street and Poland Street and is parallel to Oxford Street.
London Underground services are provided at nearby Oxford Circus, Tottenham Court Road, Leicester Square and Piccadilly Circus stations.
Goodge The Crossrail project isNew delivering Cavendish a Street new underground station and ticket hallStreet at StationDean Street in Soho and a second integrated ticket hall below St Giles Circus on Oxford Street. Upon completion, Tottenham Court Road will be one of London’s busiest stations, orderingan interchange between Northern, Central and Elizabeth line services, with more than 200,000 passengers passing through the station.
BBC Broadcasting Holborn House Station
Cavendish Facebook Square UK HQ Gardens Tottenham Oxford Street Court Road Oxford Circus Soho Station Station Square Gardens Bond Street Station Great Marlborough Street TWELVE Covent Garden Regent Street D’ARBLAY STREET Station SOHO LONDON W1F 8DU
Leicester Square Hannover Station Square
Picadilly Circus Station
TENANCY SCHEDULE
Rent Review Lease Annual L&T Act Unit Tenant Dates/Break Lease Expiry NIA Sqft Comments length Rent £ 1954 Dates Denmark Street Basement 5 years £8,000 20th July 2021 Outside 538 Studios Ltd Tenant stated they wish to enter negotiations to surrender their Ground Floor Tozerplan Ltd 15 years £55,000 24th June 2022 23rd June 2027 Inside 1,118 lease
Part First Floor Vacant 630
Note. The floor areas are subject to verification and purchasers are advised to verify this for themselves. Official rent is £23,000 pa (£20k 25th December Part First & Second Susan Angel & 24th until Dec 2021). Rent is capped 10 2021 Floor (Storage Kevin £20,000 December Inside 575 beyond rent review at the higher years Break - 24th Room) Francis Ltd 2026 of 90% of open market rent or December 2021 £23k pa.
Second Floor (Front) Vacant 429
Vacant possession Second Floor (Rear) from 22nd 264 September 2020 Richard Wharton’s Rent rises every year by £1,000 Third 5 years £15,000 Yearly increases 23rd June 2023 Outside 445 Gone Fishing Ltd pa Floor plans are available upon request. TOTAL 3,999 EPC LEGAL COSTS Available upon request. Each Party is responsible for their own legal costs. TENURE AML Freehold. All potential purchasers will be required to submit satisfactory identification documentation for us to complete and undertake PRICE monitoring for anti-money laundering purposes. Upon application. VAT The property is not elected for VAT.
CONTACT Viewings and further information can be obtained from joint sole agents ROBERT IRVING BURNS & DAVIS BROWN.
Damien Field Adam Ben Harosh David Green Tony How [email protected] [email protected] [email protected] [email protected] T: 020 7927 0620 T: 0207 927 6331 T: 0207 907 1803 T: 0207 907 1818
Misrepresentation Act. 1967. These particulars are intended only to give a fair description of the property and do not form the basis of a contract or any part thereof. These descriptions and all other information are believed to be correct but their accuracy is no way guaranteed. www.rib.co.uk