Passage 25 2511 AB Den Haag

Passage 25 in The Hague

PROPERTY DESCRIPTION
The retail space is part of the iconic Passage in The Hague and is a former shoe shop. The existing fixtures and sleek finish contribute to a peaceful and calm atmosphere, which a new tenant can make use of if desired. However, the property is being let in shell condition only, allowing the layout and interior design to be determined according to the tenant's own wishes.

The ground floor of approximately 69 m² offers a flexible layout; if desired, the floor space can be increased by removing a partition wall, creating more depth in the shop. In addition, the property has a floor with a pantry and toilet and a spacious basement of approximately 49 m², ideal for storage or additional functions. Facilities such as lighting and air conditioning are already in place, and the wide glass façade ensures excellent visibility and high visibility for shoppers.

Thanks to the combination of space and location, the property is multifunctional and suitable for a variety of retail concepts.

The leased property may only be used as retail space within the meaning of Section 7:290 of the British Civil Code.

ENVIRONMENTAL FACTORS
The retail space is located in the prestigious Haagse Passage, the oldest shopping centre in the Netherlands with a rich history dating back to 1885. The Passage is known for its unique combination of historical allure and modern shopping experience. With atmospheric arcades, a glass roof and a high-quality appearance, this is an attractive location for both local residents and tourists. The Passage houses a diverse range of specialist shops, top brands and catering establishments, which attracts an exclusive shopping public and high footfall. The recent expansion of the Nieuwe Haagse Passage connects the Grote Marktstraat with the Spuistraat and emphasises the contemporary dynamism of this location, where traditional craftsmanship and contemporary retail come together.

FLOOR AREA
The total floor area is approximately 143 m² (in accordance with NEN 2580), divided as follows:
- Basement: approximately 49 m²;
- Ground floor: approximately 69 m²;
- First floor: approximately 25 m² LFA.

DELIVERY LEVEL
The property will be delivered empty and swept clean, including the following facilities:
- Wide frontage;
- Representative entrance;
- Pantry;
- Sanitary facilities;
- Air conditioning.
However, the property will be let on a shell basis only.

ZONING PLAN
“St. Jacobskerk e.o.” adopted on 17 October 2013.
The property falls under the zoning category “Mixed-1”, whereby the retail space is intended for retail trade. For the full zoning plan, please visit: omgevingswet.overheid.nl

ENERGY LABEL
The property has an energy label.

ACCESSIBILITY
Its central location in The Hague ensures excellent accessibility, both by public transport and by car. Several car parks are within walking distance. In addition, there are a number of tram and bus stops within walking distance of the retail space, including the Gravenstraat, Spui and Den Haag Centrum tram stops.

PARKING
The property does not have its own parking facilities. Several car parks are easily accessible in the immediate vicinity, including City parking, Noordeinde car park and Grote Markt car park.

RENT
€67,500 per year, plus VAT.

Promotional costs
€1,350 per year, plus VAT.

SERVICE CHARGES
The tenant is responsible for connecting and paying for all utilities.

The service charges are €4,700 per year on an advance basis, plus VAT.
This includes the following services:
- Cleaning of communal areas, window cleaning, graffiti removal;
- Security system and/or (night) surveillance;
- Pest control;
- Maintenance, repair and renewal of facilities forming part of the building or complex, including (escalator) stairs, lifts, conveyor belts, (automatic) doors;
- Green spaces; street furniture and other furnishings in the communal areas, art objects, signage, lighting, window cleaning installations; technical installations; air conditioning/cooling, heating installations, intercom and public address systems, parking facilities;
- Sewerage charges, property tax and other taxes relating to the rented property;
- Costs of (technical) management and administration of the building or complex, including:
- Costs of caretaker/concierge and other personnel responsible for the daily maintenance and management of the building or complex;
- Administration costs of 5% on supplies and services.

LEASE TERM
5 (five) years + 5 (five) option years.

NOTICE PERIOD
12 (twelve) months.

ACCEPTANCE
In consultation.

RENT PAYMENT
Per month in advance.

RENT ADJUSTMENT
Annually, for the first time one year after the commencement date of the tenancy, based on the change in the price index according to the Consumer Price Index (CPI), All Households (2015=100), published by Statistics Netherlands (CBS).

VAT
The landlord wishes to opt for VAT-taxed rental. If the tenant does not meet the criteria, a percentage to be agreed upon will be determined to compensate for the lost VAT.

SECURITY DEPOSIT
Bank guarantee/security deposit equal to a gross payment obligation of at least 3 (three) months (rent, service costs and VAT), depending on the financial standing of the tenant.

LEASE AGREEMENT
The lease agreement will be drawn up in accordance with the most recent model lease agreement for retail space established by the Real Estate Council (ROZ), with additional provisions from the landlord.

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The above property information has been compiled with care. We cannot accept any liability for its accuracy, nor can any rights be derived from the information provided. Floor areas and other surface areas are indicative only and may differ in reality. It is expressly stated that this information provision should not be regarded as an offer or quotation.