Exciting opportunity to acquire this well-presented E Use Class commercial premises offers approx. 525 sq ft of ground floor space, plus an outside seating area at the front. Additional storage space is available under a separate agreement. The restaurant is located on a busy parade in Hammersmith, just moments from Ravenscourt Park and opposite Tesco store, benefiting from good footfall. The property is in excellent condition, includes rear access for deliveries, and has a remaining lease term of approximately 12 years.
Location
The property is located on the popular King Street in Hammersmith, a busy area in West London with a mix of homes, shops, and cultural spots. It’s well-connected by public transport. Nearby Ravenscourt Park provides green space, and the River Thames is close by, with riverside pubs and cafes. The area has numerous shops, restaurants, and a large Tesco, generating strong foot traffic.
Accommodation
Size - 525 sq ft
Terms
Legal costs - Each party will be responsible for their own legal costs incurred in the transaction. The incoming tenant will be required to cover the reasonable landlord’s legal fees.
Rent - £24,404 pa
Premium - £90,000
Rates - The rateable value £12,250 BEFORE any reliefs or discounts. The property qualifies for small business relief. Interested parties must verify these figures with the London Borough of Hammersmith and Fulham.
Legal costs - Each party will be responsible for their own legal costs incurred in the transaction. The incoming tenant will be required to cover the reasonable landlord’s legal fees.
Specification
- GREAT LOCATION
- High footfall
- Outdoor space
- Long lease 20 year from October 2016