Withdrawn | Lot 66

181 Ealing Road, Wembley, Middlesex, HA0 4LW

Withdrawn

  • Restaurant
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 31/07/2019

Auction Time

12.00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Well Positioned Restaurant Let on a 15 Year FRI Lease & Ground Rent Investment Producing £38,200 per annum.

The property comprises a freehold ground floor restaurant premises (A3 Use) measuring approximately approximately 1,532 square feet (142 square metres). The property has been recently refurbished with in excess of £100,000 being invested in the project already.

Tenure

Freehold

Location

The property is situated on Ealing Road in the West London area of Wembley. The property forms part of a shopping parade of other restaurants and retail outlets. Transport links are provided by Alperton Underground station (Piccadilly Line).

Accommodation

Ground Floor Restaurant and Lounge Area Kitchen Ladies and Gents WC's <0.5mm/> First Floor Self contained flat sold on lease for 125 years from 20th July 2007 ground rent of £100 per annum <0.5mm/> Second Floor Self contained flat sold on lease for 125 years from 17th December 2008 ground rent of £100 per annum

Exterior

The property benefits from a rear yard and vehicular access to Sunleigh Road

Tenancy

The property is let on a 15 year FRI lease commencing 1.2.19 at a rent of £38,000 pa trading as Shree Sai Vada Pav (an Indian street food restaurant/take-away with several branches in London and India - www.shreesaivadapav.com)

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.