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37 Berwick Street, London W1 – Freehold Mixed Use Investment Opportunity

37 Berwick Street, Soho, London, W1F 8RS

Price on Application

Property Type:
Commercial
Sub Types:
Office, Retail
Tenure:
Freehold

Description

Prominent Freehold restaurant, retail and office building, in the heart of Soho. In the same family ownership for almost 30 years.

  • 2,302 sq ft (213.9 sq m) Freehold corner building.
  • Ground floor and part basement trading as Tommi’s Burgers, let on 15 year term from May 2010, at £52,500 per annum, with an outstanding 2020 rent review.
  • Part basement unit (accessed from D’Arblay Street) trading as Gypsy Stables (a renowned Soho Tattoo artist), let at £30,000 per annum.
  • First to fourth floors comprise vacant offices accessed via a separate entrance on Berwick Street, for which vendor will provide a 12 month rental guarantee.
  • Total current rent reserved £156,000 per annum (including guarantees).
  • No VAT applicable.

To be offered at Allsop Commercial Auction 21 July 2020, unless withdrawn or sold prior.