Charlotte Street Fitzrovia, London W1T 2LX
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14 Charlotte Street Fitzrovia, London W1T 2LX Mixed Use Freehold Building FOR SALE - with Planning Consent for an Additional Floor www.rib.co.uk 14 Charlotte Street, Fitzrovia www.rib.co.uk Location Russell Goodge Charlotte Street lies in the heart of Square Station vibrant Fitzrovia and is widely known Street Station for its array of restaurants and cafés. Bounded by Euston Road to the north, Tottenham Court Road to the east, Oxford Street to the south and Portland ROKA Place to the west, Fitzrovia sits in the Charlotte British Bedford core of London’s West End. Street Museum Square Fitzrovia continues to attract many of the world’s leading occupiers including 14 Architectural Sony, Facebook, BBC, Freemantle CHARLOTTE Media, Estee Lauder, and BT. STREET Association Tottenham Court Road and Goodge Street Underground stations are both within a few minutes walking distance to the property. The property falls within The London Borough of Camden, and the Tottenham Charlotte Street Conservation Area. Facebook Court Road UK HQ Station 14 Charlotte Street, Fitzrovia www.rib.co.uk Description Comprises a prominent corner building with restaurant accommodation on ground and lower ground floor with three floors of residential use above in shell and core condition. Planning permission has been granted and implemented for the erection of a mansard roof extension at fourth floor level, including new roof terrace and installation of rooflights; and conversion from 3 x flats to 2 self-contained flats (2 x 2 beds) between the 1st and 4th floor levels; and installation of extraction flue (ducting). The newly created duplex flats will have a total Net Saleable Area of approximately 1,640 sq ft Planning reference: 2016/4651/P. Crossrail Tottenham Court Road Station is in the final stages of its major transformation with an expected completion date being in Q1 2022. The Crossrail project is delivering a new underground station and ticket hall at Dean Street in Soho and a second integrated ticket hall below St Giles Circus on Oxford Street. When Complete, Tottenham Court Road will be one of London’s busiest stations, providing an interchange between Northern, Central, Elizabeth line services, with more than 170,000 passengers passing through the station every day. 14 Charlotte Street, Fitzrovia www.rib.co.uk Tenancy Information Floor Use Tenant GIA Sq ft NIA/NSA Sq ft Lease Start Lease Expiry Rent PA Third Residential Vacant 486 420 Second Residential Vacant 532 425 First Residential Vacant 507 422 Ground & Lower Ground Restaurant Vanida Walker t/a Siam Central 1,033 862 25/12/2003 24/12/2023 £92,000 Total 2,558 2,129 Note: The floor areas have been provided to us by the Vendor and all parties should verify this in due course. Tenure Contact Freehold. Should you require any further information or wish to arrange an inspection, please contact: Legal Costs Damien Field Each party is to bear their own legal costs. [email protected] 07956 125 543 VAT Adam Ben-Harosh We understand that the property has [email protected] been elected for the purposes of VAT. It is envisaged that the sale will be 07879 497 365 structured by way of a Transfer of a Going Concern (TOGC). Robert Irving Burns 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 Price do not constitute any part of an offer or contract. 2. Whilst Robert Irving Burns 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 them as statements or representations of fact, but must satisfy themselves by inspection, searches, enquiries, surveys or otherwise as to their accuracy. Robert Irving Burns 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 Robert Irving Burns Limited has any authority to 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 Price upon application. 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. Robert Irving Burns: 2021.