Shop for sale

Park Road, London

845 sq. ft. | £150,000

Property Description

Commercial information

  • 845 sq ft (78 sq m)
  • Use class orders: A1 Shops

Key features

  • A Cafe lease for sale in Marylebone with an established client base and split over two floors and benefits also from an outside seating area the property provides spacious and pleasant accommodation f
  • It is situated in a prominent location adjacent to the London Business School the business has a high volume of regular and passing custom with the nearest stations Marylebone and Baker Street both cl
  • Use A1.
  • Premium 150,000 subject to contract as a guide price for the benefit of the lease, goodwill, fixtures and fittings.
  • Rental 24,000 per annum exclusive.
  • Lease with 9 years approx remaining and this we understand inside the Landlord and Tenant Act 1954.
  • Business rates we have been advised by the current owner that the rates payable are 9,120 per annum approx. However, it is recommended that all interested parties make their own enquiries to the loca

Full description

Warren Anthony Commercial are delighted to bring to the market this Cafe lease for sale in Marylebone with an established client base and split over two floors and benefits also from an outside seating area the property provides spacious and pleasant accommodation for customers.

It is situated in a prominent location adjacent to the London Business School the business has a high volume of regular and passing custom with the nearest stations Marylebone and Baker Street both close by.

Use A1.

Premium £150,000 subject to contract as a guide price for the benefit of the lease, goodwill, fixtures and fittings.

Rental £24,000 per annum exclusive.

Lease with 9 years approx remaining and this we understand inside the Landlord and Tenant Act 1954.

Business rates we have been advised by the current owner that the rates payable are £9,120 per annum approx. However, it is recommended that all interested parties make their own enquiries to the local rating department at the London Borough/City of Westminster.

Size
Ground Floor 465 sq ft approx
Basement 380 sq ft approx
Total 845 sq ft approx

Opening hours Monday - Friday 7 am - 3pm and Saturday 11.30 am - 2.30pm and Sunday closed.

Staff owner managed with 4 full time staff and 1 part time.

Turnover with a current turnover we understand in excess of £156,000 per annum approx.

Accounts available on request.

Legal costs with each party to bear their own legal costs whereas the incoming tenant to pay for the freeholders/landlords legal costs.

Local authority City of Westminster.

Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.

A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account.

Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that,

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony.

4. All rent, prices, fees and charges are quoted exclusive of VAT.

For more information or appointment to view please contact our Watford office on either 01923 220 012.

Important Notice
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


More information from this agent

Nearest stations

  • Marylebone (0.3 mi)
  • Baker Street (0.3 mi)
  • Edgware Road (Circle, District, Hammersmith & City) (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Warren Anthony Estate Agents, Watford

12 Market Street, Watford, WD18 0PD

01923 909019 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Marylebone (0.3 mi)
  • Baker Street (0.3 mi)
  • Edgware Road (Circle, District, Hammersmith & City) (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Warren Anthony Estate Agents, Watford

12 Market Street, Watford, WD18 0PD

01923 909019 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26252598. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Warren Anthony Estate Agents, Watford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.