Horn Lane, London

Per annum £48,000 pa

2950.00 sqft  To Let

To Let
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Reception Rooms: 0 Bedrooms: 0 Bathrooms: 0


Description

Situated opposite Acton main line station and adjacent to bus stop, this recently refurbished ground and lower ground floor retail shop is presently operating as a busy mini supermarket and off licence. The premises consist of a large retail area of approximately 1338 sq ft on the ground floor with full use of a basement storage and preparation area with full head height occupying a further approximately 1614 sq ft. There is also side access for deliveries and one off street parking space.
We have been advised that the present owners have occupied the premises since 10th July 2015 with the rent commencement date of 10th November 2015 and have completely modernised the premises to a high standard including cold meat refrigeration, fruit and vegetable storage and additional hot food preparation from the lower ground floor.
The existing lease is for a term of 16 years with 4 yearly upward only reviews from 10th November 2015.
The rent passing is £48,000 per annum plus VAT.
The present leaseholders wish to sell the lease with a premium of £12,000 to include all fixtures and fittings.
Each party to pay their own legal fees.
Notice of connected party
We give notice that one of the directors of Lexingtons.com is an associated party to this sale.
For further information or to arrange a viewing please contact Amit Batra at Lexingtons on 0207 435 7775. Viewings are strictly by appointment.

Situated opposite Acton main line station and adjacent to bus stop, this recently refurbished ground and lower ground floor retail shop is presently operating as a busy mini supermarket and off licence. The premises consist of a large retail area of approximately 1350 sq ft on the ground floor with full use of a basement storage and preparation area with full head height occupying a further approximately 1700 sq ft. There is also side access for deliveries and one off street parking space.
We have been advised that the present owners have occupied the premises since 10th July 2015 with the rent commencement date of 10th November 2015 and have completely modernised the premises to a high standard including cold meat refrigeration, fruit and vegetable storage and additional hot food preparation from the lower ground floor.
The existing lease is for a term of 16 years with 4 yearly upward only reviews from 10th November 2015.
The rent passing is £48,000 per annum plus VAT.
The present leaseholders wish to sell the lease with a premium of £60,000 to include all fixtures and fittings plus an additional £20,000 for stock.
Each party to pay their own legal fees.
Notice of connective party
We give notice that one of the directors of Lexingtons.com is an associated party to this sale.
For further information or to arrange a viewing please contact Amit Batra at Lexingtons on 0207 435 7775. Viewings are strictly by appointment.
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