Jasper County Democrat, Volume 5, Number 50, Rensselaer, Jasper County, 21 March 1903 — HIGH RENTS IN LONDON. [ARTICLE]

HIGH RENTS IN LONDON.

Some parts of London are the most highly rented places in the world, far exceeding the most expensive localities of Paris or New York. Cornhill is absolutely the dearest rented district in the world. One room near the exchange was let a short time ago at £2,500 per annum. Six rooms on the first floor of a house at Throgmorton street were advertised recently to be let at a rent of £2,000 per annum. Bond street is the dearest neighborhood in London for a man to start business in. A small shop in Bond street will ooet its tenant £I,OOO per annum, and be it observed the word shop has strict limitations and only includes the shop and basement, the rest of the house being let separately. The rents in the Strand have increased hugely during the last twenty-five years, and a lease of a shop renewed lately cost the tenant an increase of £2OO per annum on his rent.—London Tatler.