No longer on the market
This property is no longer on the market
Map
Area statsRestaurant
Auction
Restaurant
Features and description
- A Commercial Investment Producing £28,800 Per Annum
Guide Price = £280,000+
*For Sale By Online PublicAuction 6th December 2023 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Commercial Investment Producing £28,800 Per Annum
8 Week Completion Available
Tenure
Leasehold. The property is held on a 125 year lease from 1st January 2001 (thus approximately 102 years unexpired).
Location
The property is situated in the pedestrianised Ferry Quays development close to local shops and amenities. Situated off the Thames Path. Transport links are provided by Kew Gardens overground and underground station (District line) and Brentford rail station (Zone 3).
Description
The property comprises a double fronted ground floor bar restaurant situated within a mid terrace building arranged over ground and five upper floors. The property has been recently refurbished to a high standard.
Accommodation
Ground Floor
Retail Area
G.I.A. Approximately 1,200 sq ft
Accommodation
Tenancy
The property is subject to an effective FRI lease for a term of 18 years commencing 9th May 2023 at a rent of £28,800 per annum. There are CPI linked rent reviews every 3 years and a mutual break clause every 6 years. A3 Use with Premises Licence in place. Rent deposit (£14,400) and directors guarantees held. No arrears.
Note
EPC Rating
C
VAT
VAT is not applicable
Open during normal business hours
Open House Viewings:
Monday 27 November 2023 10:00 AM - 10:30
Monday 4 December 2023 5:00 PM - 17:30
*For Sale By Online PublicAuction 6th December 2023 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Commercial Investment Producing £28,800 Per Annum
8 Week Completion Available
Tenure
Leasehold. The property is held on a 125 year lease from 1st January 2001 (thus approximately 102 years unexpired).
Location
The property is situated in the pedestrianised Ferry Quays development close to local shops and amenities. Situated off the Thames Path. Transport links are provided by Kew Gardens overground and underground station (District line) and Brentford rail station (Zone 3).
Description
The property comprises a double fronted ground floor bar restaurant situated within a mid terrace building arranged over ground and five upper floors. The property has been recently refurbished to a high standard.
Accommodation
Ground Floor
Retail Area
G.I.A. Approximately 1,200 sq ft
Accommodation
Tenancy
The property is subject to an effective FRI lease for a term of 18 years commencing 9th May 2023 at a rent of £28,800 per annum. There are CPI linked rent reviews every 3 years and a mutual break clause every 6 years. A3 Use with Premises Licence in place. Rent deposit (£14,400) and directors guarantees held. No arrears.
Note
EPC Rating
C
VAT
VAT is not applicable
Open during normal business hours
Open House Viewings:
Monday 27 November 2023 10:00 AM - 10:30
Monday 4 December 2023 5:00 PM - 17:30
Area statistics
Crime score
High crime
9/10
About this agent
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.