RETAIL OPPORTUNITY IN THE HEART OF 1-3 MAYFAIR LONDON W1 LEASE FOR SALE

THE PROPERTY IS SITUATED JUST OFF NEW / OLD ON THE CORNER OF BURLINGTON GARDENS WITH CORK STREET, OPPOSITE THE AND .

NEARBY RETAILERS INCLUDE R A L P H LAUREN, SALVATORE FERRAGAMO, ABERCROMBIE & FITCH, CECCONI’S , S T E L L A M c C A R T N E Y , TIFFANY & CO a n d CARTIER

VIEWING Krsh Soneji Strictly by prior +44 20 7182 2239 appointment through: [email protected]

DISCLAIMER: CBRE Limited CBRE Limited on its behalf and for the Vendors or Lessors of this property whose Agents they are, give notice that: 1. These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. 2. Whilst CBRE Limited uses reasonable endeavours to ensure that the information in these particulars is materially correct, any intending Purchasers, Lessees or Third Parties should not rely on 1-3 BURLINGTON GARDENS them as statements or representations of fact, but must satisfy themselves by inspection, searches, enquiries, surveys or otherwise as to their accuracy. CBRE Limited as such cannot be held responsible for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss of profits resulting from direct or indirect actions based upon the content of these particulars.3. No person in the employment of CBRE Limited has any authority to MAYFAIR W1 make any representation or warranty whatsoever in relation to this property.4. Unless otherwise stated, all purchase prices and rents are correct at the date of publication and, unless otherwise stated, are quoted exclusive of VAT. Lease details and service ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. 1-3 BURLINGTON GARDENS MAYFAIR LONDON W1 ARRANGED OVER GROUND & FIRST FLOORS AND PROVIDES 4,788 SQ FT

ACCOMMODATION SPLIT BASIS TENURE

WHOLE GROUND FLOOR RENT The premises are held on co-terminus leases, expiring July 2032, at a passing rent of £1.15 million per annum exclusive for the whole. Gross Frontage 55 ft 8 ins 16.98 m Unit 1 (Corner) 520 sq ft 48.33 sq m £320,000 pax The lease is contracted outside the provisions of the Landlord & Return Frontage 31 ft 9 ins 9.68 m Tenant Act 1954. Unit 2 575 sq ft 53.44 sq m £257,000 pax Ground Floor 1,650 sq ft 153.35 sq m PREMIUM First Floor 3,138 sq ft 291.64 sq m Unit 3 595 sq ft 55.30 sq m £233,000 pax On application.

TOTAL 4,788 sq ft 444.98 sq m FIRST FLOOR 3,138 sq ft 291.64 sq m £350,000 pax RATES We understand from the VOA website that the current Rateable Value of the shop as a whole is £1,120,000 and the rates payable for 2019/20 are £586,880. The UBR for 2019/20 is 52.4p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.

1-3 BURLINGTON GARDENS MAYFAIR W1