Draycott Ave, London SW3
Lockup Shop

    Draycott Avenue is located in South Kensington, close to the intersection with Walton Street and
    the Brompton Road. There are a number of prominent retailers located nearby including Golden
    Goose, Joseph, Stella McCartney, Carolina Herrera, Charlotte Olympia, Philip Lim, Chanel, Acne and Bamford.

    The subject premises comprises largely open plan, good quality retail space over the ground floor, with ancillary accommodation including a WC.
    Total aread: 405 sq.f

    New glass shopfront, frameless window and door from iron glass; 900 x 120 mm thick carrara marble tiles, laid in herringbone pattern throughout main shop floor; New boxed out wall to square off retail area; LED screen recessed in alcove to flush face of wall; Full height mirrored door with integrated digilock handle; Polyfloor vinly floor to BOH area; New WC, wash hand basin and mixer tap.

    LEASE: Assignment of the 10 year full repairing and insuring lease granted for a term of ten years from September 2014. Therefore, approximately 5.5 years remaining of the unexpired term. We understand that the lease is protected by the security of tenure of the Landlord and Tenant Act 1954 (Part II), as amended.

    PASSING RENT: £95,000 p.a. exclusive of outgoings
    PREMIUM: Offers invited for the benefit of goodwill. The sale of fixtures and fittings maybe

    BUSINESS RATES: Current rateable value at £78,740. Based on the current UBR for London at
    50.4p in the £ rates payable equates to approximately £41,134 per annum.