RARE TO MARKET: LUXURY MAISON JEWELLERY STORE
Lease Details
The entire premises is held under two leases as follows;
• 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.
• 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.
Passing Rent
The combined passing rent over the two leases is £2,336,880 per annum exclusive.
Proposal
The entire luxury jewellery Maison is available by way of assignment of the current leases at a price to be agreed, subject to VAT.
| Name | sq ft | sq m |
|---|---|---|
| Ground - 178 New Bond Street | 1,110 | 103.12 |
| Lower Ground - 178 New Bond Street | 1,068 | 99.22 |
| 1st - 178 New Bond Street | 465 | 43.20 |
| 2nd - 178 New Bond Street | 455 | 42.27 |
| 3rd - 178 New Bond Street | 400 | 37.16 |
| Ground - 19 Albemarle Street | 930 | 86.40 |
| Lower Ground - 19 Albemarle Street | 1,282 | 119.10 |
| 1st - 19 Albemarle Street | 1,123 | 104.33 |