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Restaurant for sale

King Street, Hammersmith, W6

Under Offer £55,000

Property Description

Key features

  • Large A3 Restaurant
  • Ground Floor and Basement
  • Fully Fitted Kitchen
  • Avalable Now
  • Renewable Lease
  • Close To Ravenscourt Park St

Full description

Tenure: Leasehold

Location -
The property is located on King Street moments from Ravenscourt Park and Stamford Brook Tube Stations. Easily accessible by public transport as well as a short drive from the A4 / M4 and all offering excellent access in and out of town. Hammersmith Tube Station is within 15 minutes' walk.

Description -
Premium - £55,000.
A well maintained restaurant in a highly sought after location in Hammersmith, suitable for a variety of uses within the A3 class orders. The property offers 32 covers on the ground floor and 35 in the basement. The kitchen is located in the basement. There are customer W.C's on the ground floor and staff W.C in the basement located at the back of the unit. Further benefits include ample storage space, small patio at the back and free on street parking on surrounding roads after 5pm.

Accommodation -
Ground floor unit with front access.
Ground Floor: 69 Sq M / 745 Sq Ft
Basement: 78 Sq M / 840 Sq Ft
Total: 147 Sq M / 1,582 Sq Ft

Measurements -
All measurements used in calculating areas are correct to the nearest six inches.

Planning -
Interested parties are advised to make their own enquiries in respect of planning proposals if any change of use is envisaged.

Vat -
Vat applicable on the premium.

Terms -
The property is available by way of an assignment of a Full Repairing and Insuring Lease. The lease expires in 2025 which is then renewable thereafter at a rental of £29,400 per annum. Rent reviews are five yearly with next one due in 2020. Current tenant is seeking a premium of £55,000 for the benefit of the leasehold, fittings and fixtures.

Rates -
Interested parties are advised to make their own enquiries in respect to rates with Hammersmith and Fulham Council.

Legal Costs -
Each party to bear their own legal costs incurred in this transaction as well as the ingoing tenant to bear landlord's legal costs.

Reservation Fee -
A reservation fee of £500 will be required when making an offer to ensure commitment which will later become Thorgills' fee upon completion.

Viewing arrangements -
Strictly by appointment with the agent.

Map & Street View

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