Call the team on 020 7625 9007 for more information
A Well Positioned High Street Restaurant Investment Producing £12,480 per annum
The property comprises a ground floor restaurant within a mid terrace building arranged over ground and two upper floors.
Tenure
Virtual Freehold. The property is held on a 999 year lease from 2003 (thus approximately 983 years unexpired).
Location
The property is situated in the North West London area of Harlesden amongst the local shops and restaurants of the High Street. Nearby multiples include Costa Coffee, Paddy Power, Santander and numerous local traders. Transport links are provided by both Harlesden overground station and Willesden Junction overground station.
Accommodation
Ground Floor Restaurant Area Kitchen Customer Toilet
Tenancy
The property is subject to an commercial lease for a term of twenty years commencing 12th July 2013 at a rent of £3,120 quarterly with rent reviews every three years.
Current Rent Reserved
Current Rent Reserved £12,480 per annum
VAT
VAT is not applicable
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.