Retail to let - 178 New Bond Street, Mayfair, W1S 4RH
178 New Bond Street, Mayfair, W1S 4RH
Rent
£2,336,880 pa
Size
6,833 sq ft
Listed
2 months ago
Property Description
<strong>Lease Details</strong><br>The entire premises is held under two leases as follows;<br />
• 178 New Bond Street – A term of 25 years, drawn within the L&T Act 1954 and expiring 30th October 2031. The lease is subject to rent review effective 31st October 2026.<br />
• 19 Albemarle Street – A term of 17 years, drawn within the L&T Act 1954 and expiring 30th October 2031. The lease is subject to rent review effective 19th June 2028.<br><br><strong>Passing Rent</strong><br>The combined passing rent over the two leases is £2,336,880 per annum exclusive.<br><br><strong>Proposal</strong><br>The entire luxury jewellery Maison is available by way of assignment of the current leases at a price to be agreed, subject to VAT.<br><br>
Total annual occupancy cost
Estimate only — confirm exact figures with the agent.
Rent
£2,336,880
Total per year
£2,336,880
≈ £194,740 / month≈ £342.00 / sq ft / year
Agent hasn’t listed rates or service charge — ask them below.