23 Dering Street , London W1

 First Floor (north) – 1,650 sq ft

  • 24 hour access
  • Custom temperature control system
  • Kitchenette
  • Lift
  • WCs in common parts

Location

The building is situated on the east side of Dering Street within sight of New Bond Street. Dering Street connects Oxford Street with New Bond Street and Tenterden Street. Transport access is excellent with Bond Street and Oxford Circus underground stations both being within a few minutes’ walk covering the Central, Jubilee, Bakerloo and Victoria lines. Numerous bus routes operate along Oxford Street.

The area abounds with top class retail and gallery premises.

Accommodation

The available space comprises the part first floor (north) and is arranged as an open plan gallery area with west facing windows looking towards New Bond Street, a library section, kitchenette and wc, private viewing room and a custom-fitted picture storage system.

Terms
Offers are invited in excess of £125,000 plus VAT for the benefit of the lease, fixtures and fittings.
Lease

The suite is held on an effective FR&I lease which expires in February 2018 at a passing rent of £87,285, equating to just £52.90 per square foot. The lease is outside Sections 24-28 of the Landlord and Tenant Act 1954.

Rent
Passing rent £87,285 per annum exclusive, equivalent to just £52.90 per square foot
Rates
Rates payable circa £14.00 per square foot
GN2 gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, or Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of GN2 has any authority to make any representation or warranty whatever in relation to this property.