Restaurant/cafe to let in Old Oak Common Lane, London W3

Description

Situated in East Acton this corner restaurant-takeaway benefits from great footfall and excellent transport links. It is currently trading as burger and pizza restaurant, but can be converted to any other type of food business. Approx. 510sqft over ground floor. 100% business rates relief. Premium £45,000

Further benefits includes a side and rear entrance for deliveries & staff and 2 x toilets (male and female).

Overall, this is a great opportunity to acquire a well-located and rare E Class use corner restaurant. The property has a lot of potential.

Lease:
15 years from 2021 (renewable), current rent: £23,000pa.

Services:
Full repairing and insuring lease

Premium:
£45,000 for the lease or £80,000 including lease, fixtures and fittings.

Rates:
The rateable value = £8,100 (before any reliefs or discounts). The property qualifies for 100% business rates relief. 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 legal fees.

Viewing:
Strictly by appointment only with Sole Agent Citydeal Estates. Staff not aware.