Sold Prior
- Retail Property (high street)
- Tenure: Long Leasehold. The property will be held on a new 999 year lease upon completion.
Call the team on 020 7625 9007 for more information
A Commercial Investment Producing £24,500 Per Annum
The property comprises a restaurant (A1 use) situated within a mid terrace building arranged over ground and two upper floors.
Tenure
Long Leasehold. The property will be held on a new 999 year lease upon completion.
6 Week Completion Available
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Forest Lane Park are within easy reach. Transport links are provided by Upton Park underground station (District and Hammersmith & City Line) and Forest Gate rail station.
Accommodation
Ground Floor Retail Area
Tenancy
Let to Subway Realty Limited on a lease for a term of 11 years from 24th October 2014 at a rent of £24,500 per annum. Rent Review every 5 years. October 2019 Rent Review outstanding
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.
