Denneweg 1 2514 CB Den Haag

Denneweg 1 in The Hague

PROPERTY DESCRIPTION
The property concerns a building constructed in 1878. The entire building has been renovated and is representative and in good condition. The whole property, comprising approximately 135 sq.m. GFA (gross floor area), is currently available for lease.

The entrance is centrally located in the front façade, with large display windows on both sides. Directly behind the entrance is the retail area, with a pantry and sanitary facilities situated at the rear. In addition, the retail space includes a basement with partially usable sales floor area and storage space.

The wide frontage ensures excellent visibility for both pedestrians and passing traffic.

The leased premises may exclusively be used as retail space within the meaning of Article 7:290 of the Dutch Civil Code.

LOCATION & SURROUNDINGS
The property is located in the heart of The Hague’s city centre, in the characteristic and historic shopping district, within short walking distance of the iconic Hotel Des Indes.

The Denneweg is known as a vibrant and atmospheric shopping street offering a diverse and high-quality mix of boutiques, specialty shops, and fashion stores. The combination of retail, hospitality venues such as Impero Romano and Goed Volck, and the proximity of cultural and business facilities ensures a constant flow of passers-by.

FLOOR AREA
The total floor area amounts to approximately 135.48 sq.m. GFA (in accordance with NEN 2580), divided as follows:
- Basement: approx. 67.56 sq.m. GFA
- Ground floor: approx. 67.92 sq.m. GFA

DELIVERY LEVEL
The property will be delivered vacant and broom-clean, including among others:
- Wide frontage
- Representative entrance
- Pantry
- Sanitary facilities
- Air curtain

However, the property will be leased in shell condition only.

ZONING
“Binnenhof e.o.”, adopted on 20 February 2014.
The property falls under zoning category “Mixed - 1”. The premises are suitable for, among other uses, retail and light hospitality.
For the full zoning plan, please refer to: omgevingswet.overheid.nl.

ENERGY LABEL
The property has Energy Label F.
The energy label is valid until 06-11-2035.

ACCESSIBILITY
The property is easily accessible. It is conveniently located near major arterial roads, including the A12 motorway, with entry and exit ramps at short distance.

The location is also well served by public transport. The Hague Central Station is within short distance and can easily be reached by tram (lines 15 and 17) or on foot.

PARKING
The property does not have private parking facilities. Paid parking is available on the public road in the immediate vicinity. It is also possible to apply for a business parking permit. In addition, several parking garages (including Interparking Museumkwartier) are within walking distance.

RENTAL PRICE
Upon request.

SERVICE CHARGES
Service charges amount to €200 per month (advance payment), excluding VAT. The following services are included:
- Electricity consumption
- Gas consumption

LEASE TERM
5 (five) years + 5 (five) optional renewal years.

NOTICE PERIOD
12 (twelve) months.

COMMENCEMENT DATE
In consultation.

RENTAL PAYMENTS
Payable monthly in advance.

RENT REVIEW
Annually, for the first time one year after the lease commencement date, based on the change in the Consumer Price Index (CPI), All Households (2015=100), as published by Statistics Netherlands (CBS).

VAT
The landlord intends to opt for VAT-taxed letting. If the tenant does not meet the required criteria, a mutually agreed percentage will be determined to compensate for the VAT loss.

SECURITY
A bank guarantee or security deposit equal to a minimum of three (3) months’ gross payment obligation (rent, service charges and VAT), depending on the tenant’s financial standing.

LEASE AGREEMENT
The lease agreement will be drawn up in accordance with the ROZ Model Lease Agreement for Retail Space (2012), as adopted by the Dutch Real Estate Council (ROZ), including additional provisions from the landlord.

Disclaimer
The above information has been compiled with due care. However, no liability can be accepted for its accuracy, nor can any rights be derived from the information provided. Stated floor areas and other measurements are indicative and may differ in practice. This information is expressly not to be regarded as an offer or quotation.