3 November 2026: Tuesday 03 November 2026 - 9:00am
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Floorplan
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    Key features

    • Prominent Fitzrovia Leasehold Shop Investment
    • Well located opposite Goodge Street Underground Station
    • Let to Optical Center UK Ltd until November 2037(1)
    • Arranged over 2,513 sq ft
    • Offered on behalf of a Major UK Fund
    • VAT is applicable
    • Current rent of £120,000 per annum (Reflecting 10% GIY)

    Description

    The prominent property is arranged over ground floor and basement to provide a triple fronted shop.

    Additional information

    Tenure

    Held on a long lease from 8 February 1957 expiring on 10 December 2064, giving approximately 38 years unexpired at a current headrent payable of £3,888 per annum.

    Accommodation

    Ground Floor and Basement- 2,513 sq ft

    Tenancy

    Let to Optical Center UK Ltd on an Effective full repairing and insuring (Annual Rent plus Building Service Charge) subject to a Schedule of Condition lease for a term of 15 years from November 2022 at £120,000 per annum.


    (1)The lease provides for 5 yearly rent reviews and tenant break options. The rent review is subject to a cap of 130% of the passing rent.


    N.b. A rent deposit of £72,000 plus a sum equivalent to VAT of £12,000 is held.  Please see the rent deposit deed in the legal pack for more information.

    Rent

    £120,000 per annum

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


     Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property occupies a prime trading position on the eastern side of Tottenham Court Road in the heart of Fitzrovia, directly opposite Goodge Street Underground Station and within walking distance of Tottenham Court Road (Elizabeth Line), Oxford Street and Bloomsbury.


      Tottenham Court Road is one of Central London's principal retail thoroughfares and benefits from substantial pedestrian footfall, serving a diverse mix of retail, restaurant, office and residential occupiers.

      Transport

      Underground - Goodge Street Underground Station (Northern Line) is located directly opposite the property, with Tottenham Court Road Station (Central, Northern and Elizabeth Lines) nearby. Euston, King's Cross St Pancras and Charing Cross mainline stations are all within easy reach.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums