42 Portland Place, Marylebone W1

 

The property is located on the east side of Portland Place between the junctions with New Cavendish Street and Weymouth Street in the heart of this exciting and vibrant area.

 

This Grade II listed building is being comprehensively refurbished to provide high quality offices over Lower Ground, Ground and four upper floors totaling 7,648 sq ft (710.50 sq m)

 

* Comfort cooling

* Cat 5e cabling

* Shower facilities 

* Passenger lift

* Double garage

* New lighting

 

A new lease is available direct from the landlord on a full repairing and insuring basis for a term by arrangement incorporating an upwards only rent reviews at each fifth year and excluded from Sections 24-28 of the Landlord & Tenant Act 1954 Part II (as amended) at an initial rent of £550,000 per annum exclusive (£96.38 per sq ft)

                                   

Rates for the year commencing 1 April 2017 are estimated to be approximately £151,750 (£19.84 per sq ft).