£900,000

Retail premises for sale

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Guide price

£900,000

(£813.74/sq. ft)

Retail premises for sale

Monck Street, London SW1P

1,106 sq. ft

Local area information

Property location

Nearby amenities

  • St Matthew's School, Westminster 0.1 miles
  • The Grey Coat Hospital 0.1 miles
  • St. James's Park 0.3 miles
  • Millbank Millennium Pier 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Millbank, Westminster and City of Westminster to find out more about the local area.

Features and description

  • Prominent new build retail unit with extensive full height glazed frontage
  • Arranged entirely over ground floor, totalling 1,109 sq ft (103 sq m)
  • The property is let to Step By Me cic on a new lease for a term of 10 years
  • A rent deposit equal to 6 months' rent is held by the Vendor
  • The property is held Long Leasehold for a term of 999 years from November 2015
  • Passing rent of £56,000 + VAT per annum
  • Offers sought in excess of £900,000
The property is located in the Victoria and Westminster sub-market, which form a core Central London district in the heart of the capital. The area is bounded by Mayfair and St James’s to the north, Belgravia and Knightsbridge to the west, the River Thames to the east and Pimlico tothe south. Westminster Quarter is situated on the west side of Monck Street, close to its junction with Great Peter Street. Monck Street links Horseferry Road to the south with Great Peter Street to the north. The surrounding area is a hugely popular commercial and residential location, with the European headquarter offices of Giorgio Armani, Tom Ford, Jimmy Choo, John Lewis and Burberry all within close proximity. Situated directly opposite the property is Tesco Express, Itsu, eat, Starbucks and Pret on Monck Street’s respective junctions.

The property comprises a ground floor triple glass fronted retail unit with a prominent aspect on Monck Street. The property is fitted to a high standard with a front reception and an open plan dance studio. The unit forms part of the commercial element of Westminster Quarter high-end residential development. The unit is approximately 1,106 sq ft (103 sq m).

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Millbank
  6. Monck Street