Cafe to rent

Praed Street, London, W2

£2,917 pcm
805 sq. ft.

Property Description

Commercial information

  • 805 sq ft (74 sq m)
  • Use class orders: A1 Shops

Key features

  • Plate glass frontage
  • Dropped ceilings
  • Serving counter
  • Air Conditioning
  • Extractor hood
  • 23 to 25 covers
  • 6 external covers

Full description

Tenure: Leasehold

Location:
The premises is situated on the southerly side of Praed Street adjacent to the junction with South Warf Road. The location benefits from substantial footfall generated by Paddington Main Line Station & Underground and other local businesses include Tesco Express, Ryman Stationers, Super Drug, Fantasia Palace Greek Taverna, Headmasters Paddington, The Tanning Shop, Point A Hotel London Paddington and Hilton London Paddington.

Description:
The café / shop has a full plate glass frontage, leading to an open plan retail / seating area, with serving counter, shelving and extraction unit. To the rear is a separate kitchen / food preparation area and a W/C with disabled access. Additionally there is access to the rear of the premises.

Premium:
£280,000 for the benefit of the exiting Tenant.

Lease Term:
Assignment of the current FRI Lease inside the Landlord & Tenant Act 1954
(as amended), part 2. The Lease was granted in December 2013 for a term of
15 years.

Rateable Value:
£25,000 per annum (City of Westminster Council)

Rates Payable:
£12,000 per annum

NB - We strongly advise that you verify the rates with City of Westminster Council's Business Rates Department on 0208 315 2050

Possession:
Full vacant possession immediately on completion of legal formalities

Legal Costs:
Each party is to bear their own legal costs

Viewings:
Strictly by appointment with Sole Agents Bective Commercial on 0207 985 0715


More information from this agent

Nearest stations

  • Edgware Road (Bakerloo) (0.2 mi)
  • Edgware Road (Circle, District, Hammersmith & City) (0.2 mi)
  • Paddington (0.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bective Leslie Marsh , London

126 Ladbroke Grove, North Kensington, London, W10 5NE

020 8012 7600 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.

Floorplans

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Master Floorplan Image
Master Floorplan Image

To view this property or request more details, contact:

Bective Leslie Marsh , London

126 Ladbroke Grove, North Kensington, London, W10 5NE

020 8012 7600 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

  • Edgware Road (Bakerloo) (0.2 mi)
  • Edgware Road (Circle, District, Hammersmith & City) (0.2 mi)
  • Paddington (0.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bective Leslie Marsh , London

126 Ladbroke Grove, North Kensington, London, W10 5NE

020 8012 7600 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 - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference 37PraedStreet. 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 Bective Leslie Marsh , London.

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