Restaurant to rent
Property description & features
- GREAT LOCATION
- Hot food / Restaurant
- Small business rates relief
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)
Places of interest
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Energy Performance data and Internal floor area
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