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Charing Cross Road, WC2

Retail Opportunity

CAFFE VERGNANO, 62 ROAD, , WC2H 0BB

• Prominent location on Charing Cross Road in a Zone 1 location • Approximately 100 metres north of Underground Station • , and all within close proximity • Ground floor and basement premises comprising a gross internal area of circa 640 sq ft (59 sq m) • Lease expires 2026 with a passing rent of £58,000 per annum • May suit a variety of A1 (Retail) uses including café, coffee shop and food uses without ducting / extract

LEASE FOR SALE – Fully fitted and equipped (excluding coffee machines) GUIDE PRICE £120,000 SUBJECT TO CONTRACT – Sole selling agents

LONL490 8 Exchange Court, Covent Garden, London WC2R 0JU • Tel: 020 7836 7826 • www.agg.uk.com A.R. Alder BSc (Hons) FRICS • J.B. Grimes BSc(Hons) MRICS • D. Gooderham MRICS R.A. Negus BSc MRICS • M. L. Penfold BSc(Hons) MRICS

Notice AG&G for themselves and for the vendor of this property, whose agents they are given notice that 1. These particulars do not form any part of the offer or contract. 2 They are intended to give a fair description of the property. but neither AG&G nor the vendor accept responsibility for any error they may contain, however caused. Any intending purchaser must therefore satisfy himself by inspection or otherwise as to their correctness. 3 neither AG&G, nor any of their employees, has any authority to make or give any further representation or warranty in relation to this property. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

agg.uk.com | 020 7836 7826

Location The property is located within the City of Westminster on Charing Cross Road, between Leicester Square (south west) and Tottenham Court Road (north). The Palace Theatre is within close proximity, currently home to the and the Curses Child theatre production. The surrounding area comprises a busy circuit of restaurants, pubs / bars and retailers. Nearby occupiers include Ole & Steen, Dishoom and Five Guys. Leicester Square Underground Station (Northern and lines) is approximately than 100 meters to the south and Tottenham Court Road Underground Station (Central and Northern lines) is circa 450 metres to the north.

A location plan is enclosed. Description Fully fitted premises arranged over ground floor and basement. The gross internal area measurements as follows.

Ground Floor 36 sq m (390 sq ft) Basement 23 sq m (250 sq ft)

Total 59 sq m (640 sq ft)

NB: The floor areas set are approximate and is for guidance purposes only and no reliance should be placed on this when making any offer to purchase either expressly or impliedly and for the avoidance of doubt AG&G Chartered Surveyors will be not liable for any losses howsoever arising in law as a result of the bidder placing any reliance on such measurement. The successful bidder should state if they wish to undertake a measured survey prior to exchange of contracts to enable it to satisfy itself of the precise measurements.

Services We are advised that the property is connected to all mains services. Rating Assessment The property is listed within the current (2017) Rating List as a Public House and Premises and has a Rateable Value of £56,500. Tenure Ground floor and basement premises available by way of assignment of the existing 25-year leasehold interest expiring 2026. The passing rent is £58,000 per annum. The lease is inside the security of tenure provisions of the Landlord and Tenant Act 1954. The landlord currently holds a rent deposit in the sum of £30,000. Basis of Sale The lease is available with the benefit of all fixtures and fittings excluding coffee machines. Premium offers invited for the lease. Viewing & Further Information The staff are unaware of the intended disposal and therefore it is requested that you respect the vendors wish to keep the matter confidential. The sale must not be discussed with any staff or customers.

For further information, please contact Michael Penfold or Annabel Magnay on – Tel: 020 7836 7826 or Email: [email protected] / [email protected] EPC An EPC report is available upon request.

agg.uk.com | 020 7836 7826

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