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Retail Property (high street) for sale

Marzell House, 116-128 North End Road, London, W14 9PP

Sold STC 4,701 sq. ft. | POA

Property Description

Commercial information

  • 4,701 sq ft (436 sq m)
  • Use class orders: A1 Shops

Full description

Tenure: Leasehold

New 999 year lease of Ground Floor & Basement premises for sale Occupational lease of entire premises to Waitrose Limited to be granted on the following terms:

o New 15 year unbroken lease from 12 March 2015;
o Initial rent: 100,000 p.a. exclusive;
o 5 year RPI linked rent reviews (collared at 1%, capped at 4%);
o Waitrose to have an Option to renew the lease for a further term of 15 years at the expiry of the initial lease.

Subject to Contract

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