No longer on the market
This property is no longer on the market
MapRestaurant
Restaurant
Features and description
- Great location
- Hot food / Restaurant
- Small business rates relief
A very rare opportunity to assign this well-maintained restaurant/ take away shop located on a popular parade in Horn Lane. The property benefits from great location surrounded by lots of new build apartments, close to Acton Main Line Station (new Elizabeth line, CROSSRAIL), North Acton Tube and A40 motorway. Premium £85,000
Current business: "Stone's Fish Bar" is well known and an established takeaway service. A simple search online will confirm it has a great reviews and a great following from a loyal client base.
Location:
The premises is well located in a great residential area. It is a stone's throw away from the very densely populated Victoria Road, which houses a huge quantity of students and professionals. The property is located between Acton Main Line and North Acton Station.
Size:
Approx. 1100 sq ft (including 300sq ft of external space). Further benefits include, low business rates, large preparation area and rear entrance.
Lease:
8 year lease remaining (renewable). Full repairing and insuring lease.
Premium:
£85,000, including fixtures and fittings. How is the premium calculated? The premium is based on existing business, long lease, ready to operate equipment and refurbishment cost carried out by the existing tenants. Rent reviews are based on the condition prior to refurbishment.
Rates:
The rateable value = £13,750; (before any reliefs or discounts). Payable the current tenant confirm it comes to approx. £60 per month. Interested parties must verify these figures with London Borough of Ealing.
Legal costs:
Each party to be responsible for their own legal costs incurred in the transaction. The incoming tenant covers landlord's reasonable legal fees.
Viewing:
Strictly by appointment only with Sole Agents Citydeal Estates. (STAFF NOT AWARE)
Current business: "Stone's Fish Bar" is well known and an established takeaway service. A simple search online will confirm it has a great reviews and a great following from a loyal client base.
Location:
The premises is well located in a great residential area. It is a stone's throw away from the very densely populated Victoria Road, which houses a huge quantity of students and professionals. The property is located between Acton Main Line and North Acton Station.
Size:
Approx. 1100 sq ft (including 300sq ft of external space). Further benefits include, low business rates, large preparation area and rear entrance.
Lease:
8 year lease remaining (renewable). Full repairing and insuring lease.
Premium:
£85,000, including fixtures and fittings. How is the premium calculated? The premium is based on existing business, long lease, ready to operate equipment and refurbishment cost carried out by the existing tenants. Rent reviews are based on the condition prior to refurbishment.
Rates:
The rateable value = £13,750; (before any reliefs or discounts). Payable the current tenant confirm it comes to approx. £60 per month. Interested parties must verify these figures with London Borough of Ealing.
Legal costs:
Each party to be responsible for their own legal costs incurred in the transaction. The incoming tenant covers landlord's reasonable legal fees.
Viewing:
Strictly by appointment only with Sole Agents Citydeal Estates. (STAFF NOT AWARE)
Property information from this agent
About this agent
Our aim is to offer an unparalleled service by continually exceeding customer expectations. We represent our company through enthusiasm, congeniality and thorough knowledge of the local area, derived by both working and living in the locality of West London. Why choose us: We strive to offer a supportive, personal and sincere approach, yet above all maintain a highly professional and expert service, altering current perceptions of the typified estate agent. Our aim is to provide a unique, second to none service being reliable, flexible and dynamic. Give our intelligent approach a try. Want a direct point of contact? Speak to Faisal Yousuf on 020 8022 6537.