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44-46 High Road, London, NW10 2QA

3,091 Sq Ft / Retail / General Retail

To Let

Available - Last updated: 12 November 2024

Summary

The premises comprise a fully fitted restaurant with approx. 100 covers. The premises underwent an extensive refurbishment approx. 2 years ago and thus present excellently throughout. The site presents a unique opportunity for a restaurant/leisure concept in a thriving area.


Key Points

  • Fully fitted restaurant
  • Italian / Mediterranean concept
  • Prominent position on Willesden High Road
  • Nearby occupiers include Gails, German Doner Kebab & Domino's.

  • Lease

    44 High Road is occupied by way of a lease for a term of 20 years from 04/02/08 to expire on 3 February 2028 thus there is approx. 3 years remaining. The current passing rent is £26,000 and the lease is granted inside the Landlord & Tenant Act 1954 part II thus our client has rights to a new long-term lease under the Act.

    46 High Road is occupied by way of a lease for a term of 25/11/24 for a term of 16 years to expire on 24 November 2031 thus there is approx. 6 years remaining. The current passing rent is £21,000 and the lease is granted inside the Landlord & Tenant Act 1954 part II thus our client has rights to a new long-term lease under the Act.


    Premium

    A premium is sought for the benefit of the fixtures and fittings and goodwill associated with the premises. Premium on Application.

    Location

    The premises are situated in a prime position on Willesden High Street which is bustling with a mixture of local and national retailers. Willesden Green Station is within 0.3 miles of the premises which is served by the Jubilee Line.

    Terms

    It is envisaged that matters will progress by way of an assignment of our clients existing leases subject to new leases being agreed with both landlords.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
    POA To Let NA NA

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    Contact agents

    George Moriarty

    David Charles Property Consultants

    020 3369 2125

    Lily O’Donnell

    David Charles Property Consultants

    020 3369 2065

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