Property photos
Just added
Non quoting
Retail premises to let
4A Monck Street, London SW1P1,106 sq. ft
Local area information
Property location
Nearby amenities
- St Matthew's School, Westminster 0.1 miles
- The Grey Coat Hospital 0.2 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, forming part of the Westminster Quarter scheme by Taylor Wimpey.
- 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 iri lease for a term of 10 years from July 2023.
- There is an upwards only Rent Review on the 5th year of the term, to the higher of open market review or linked to rpi with a cap and collar of 2% and 5% annually.
- A rent deposit equal to 6 months' rent is held by the Vendor.
- The property is held on Long Leasehold for a term of 999 years from November 2015 at a fixed peppercorn ground rent
- Passing rent of £56,000 + VAT per annum
- Offers sought in excess of £900,000, reflecting a niy of 6%, after purchasers costs of 3.4% and a capital value £812 per sq ft
Terms
56000
56000
More information
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