Retail premises to let

Theobalds Road, London WC1X

Features and description
Furnished
Sought after location
Fitted out cafe unit
Extraction system
Dumb waiter
Air con
Excellent natural light
Renewable lease
Ample storage
No VAT
Location

The property is located on the south side of Theobald’s Road, close to the junction with Lamb’s Conduit Street and Red Lion Street, and next to Pret a Manger.
Holborn Station (Central, Piccadilly lines) is a 5 minutes walk away, and nearby are numerous hotels, large office buildings, shops and restaurants.
Description

The premises is arranged as a ground floor café and open kitchen to the rear with basement food preparation, ample storage and WC. Cooking is by electrical equipment and the unit has an extraction system, dumb waiter and ac.
Amenities

* Sought after location
* Fitted out café unit
* Extraction system
* Dumb waiter
* Air conditioning
* Excellent natural light
* Renewable lease
* Ample storage
Tenure

Available on an assignment of a 10 year lease from 26th July 2021 passing at a rent of £25,000 pax, with rent review on 26th July 2026. The lease has been granted within sections 24-28 of the Landlord & Tenant Act and is renewable.
Annual passing rent

£25,000 pax
Premium

£95,000
VAT


The property is not VAT elected and VAT is not charged on outgoings.
Areas

(all areas are stated apx.)
Ground floor 330 sq ft/30.66 sqm
Basement 360 sq ft/33.4 sqm
total 690 sq ft/64.06 sqm
Business rates

Rateable Value £21,750. This is not the rates that you pay.
We understand business rates payable are approx. £10,853 per annum. Interested parties are advised to make their own enquiries of Camden council to confirm this. Relief may be available.
EPC


C/72
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