New Lease Available 19 Catherine Street, Covent Garden ... - RPAS
New Lease Available 19 Catherine Street, Covent Garden ... - RPAS
New Lease Available 19 Catherine Street, Covent Garden ... - RPAS
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EA Shaw<br />
9 — 12 Bow <strong>Street</strong><br />
<strong>Covent</strong> <strong>Garden</strong><br />
London WC2E 7AB<br />
+44 (0)20 7240 2255<br />
eashaw.com<br />
London property<br />
since 1899<br />
<strong>New</strong> <strong>Lease</strong> <strong>Available</strong><br />
<strong>19</strong> <strong>Catherine</strong> <strong>Street</strong>,<br />
<strong>Covent</strong> <strong>Garden</strong>,<br />
London, WC2<br />
Location<br />
The property is prominently located on<br />
<strong>Catherine</strong> street which has a high<br />
concentration of restaurants and bars<br />
including Hi Sushi, PJ’s Bar and Grill, Cote<br />
Bistro and The Opera Tavern (which has<br />
recently opened to a critical acclaim).<br />
<strong>Catherine</strong> <strong>Street</strong> is positioned in the heart of<br />
<strong>Covent</strong> <strong>Garden</strong>’s theatre land in an area known<br />
as the opera quarter, an area predominantly<br />
dedicated to restaurants, cafes and bars and so<br />
enjoys heavy tourist footfall as well as office<br />
workers and local residents.<br />
Schedule of accommodation<br />
The unit is offered in existing condition which<br />
comprises the following GIA areas (less stairs):<br />
Ground Floor 339 sq ft<br />
Basement<br />
230 sq ft<br />
Vaults<br />
91 sq ft<br />
1 st Floor Ancillary 205 sq ft<br />
2 nd Floor Ancillary 205 sq ft<br />
3 rd Floor Ancillary 200 sq ft<br />
Planning and Licensing<br />
The property has the benefit of A3 Restaurant<br />
use within the Use Classes Order <strong>19</strong>87.<br />
A premises licence is in place and can be<br />
transferred to the incoming operator.<br />
Terms<br />
The premises are available by way of a new<br />
full repairing and insuring lease for a term to<br />
be agreed.<br />
Rent<br />
£80,000 per annum.<br />
Rates<br />
We have been advised by the London Borough<br />
Westminster that the property is being<br />
assessed as follows:<br />
Rateable Value (11/12)- £54,000<br />
UBR (11/12) – 0.433<br />
Rates payable (01.04.2011) £23,382<br />
Interested parties are however advised to<br />
make their own enquiries with the London<br />
Borough of Westminster.<br />
Legal Costs<br />
Each party are responsible for their own legal<br />
costs.<br />
Viewings<br />
Strictly by appointment with the sole letting<br />
agents, EA Shaw:<br />
Neil Davies<br />
Geoff Wright<br />
020 7420 3071 020 7420 3039<br />
nvd@eashaw.com gww@eashaw.com<br />
Subject to Contract<br />
June 2011<br />
Regulated by RICS<br />
A list of partners is<br />
available at eashaw.com<br />
Property Misdescriptions Act <strong>19</strong>91/Misdescription<br />
Act, <strong>19</strong>67. EA Shaw for themselves and for the<br />
vendors of this property whose agents they are, give notice that: These<br />
particulars do not form any part of any offer or contract: the statements<br />
contained therein are issued without responsibility on<br />
the part of the firm or their clients and therefore are not<br />
to be relied upon as statements or representations of<br />
fact, any intending purchaser must satisfy himself as to<br />
the correctness of each<br />
of the statements made herein: and the vendor<br />
does not make or give, and<br />
neither the firm nor any of their employees<br />
have the authority to make or give, any<br />
representation or warranty whatever in<br />
relation to this property.