Restaurant Under Offer
Location:
The property occupies a prominent corner position at the junction of Hammersmith Road and North End Road in West Kensington. It is located opposite the Olympia London exhibition centre, which is to undergo a £1.3 billion redevelopment project, transforming it into a world-leading cultural and entertainment destination. Kensington (Olympia) station (District & Overground lines) is within a 5-minute walk of the property.
Description:
The premises comprise a ground floor restaurant unit with existing extraction in place, and benefits from substantial basement storage. The site forms part of an extensive parade of shops along Hammersmith Road, with residential flats and office above. Its corner position provides an attractive return frontage of 18.99 metres, allowing it to be particularly visible on the parade.
Accommodation Schedule:
Floor | Net Internal Floor Area |
Ground | 1,450 sq. ft. - 134.71 sq. m. |
Basement | 700 sq. ft. - 65.03 sq. m. |
Total | 2,150 sq. ft. - 199.73 sq. m. |
User:
We believe the unit benefits from Class E use of The Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
Rateable Value:
We are advised by the VOA that the rateable value for the property is £54,500; however, interested parties should make their own enquiries on the rates payable.
EPC:
The property has an EPC rating of C (61). A copy of the EPC report is available upon request.
Legal Fees:
Each party to bear own legal costs.
VAT
Not applicable to the unit.
Terms:
A new effective full repairing and insuring lease contracted OUTSIDE the security of tenure of the Landlord & Tenant Act 1954 for a term to be agreed, subject to upward only rent reviews.
Rent:
£80,000 per annum exclusive of other outgoings.
Contacts:
Huseyin Zafer - D: 020 8222 9901
M: 0791 848 2210
E: h.zafer@willmotts.com
Varol Zafer - D: 020 8222 9946
M: 07900 224967
E: v.zafer@willmotts.com
No EPC available for this property
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