Nando’s, Hounslow, Greater London
1, 1a High St, Hounslow TW3 1RH, UKBasic Facts
| Property ID: 12946 | Post Updated: 2021-08-11 14:13:32 |
| Status: Managed | Type: Restaurant |
| Tenure: Virtual Freehold | Area: 3077 sq ft |
| Gross Rent: £ 56,000 | Lease Term: 22 yrs from Feb'10 |
| Lease Term Expiry Date: 19/02/33 | Years left on Lease: 8.8 |
| VAT applicable: Yes |
Property Description
- Virtual Freehold Blue-Chip Restaurant Investment in London
- 3,077 square feet ground floor unit.
Location Description
- Hounslow is an important commercial centre located approximately 12 miles west of Central London, 5 miles north west of Kingston Upon Thames and 8 miles to the east of Slough.
- Hounslow has excellent road and transport communications with junction 3 of the M4 approximately 1 mile north of the town centre, whilst junction 1 of the M3 is approximately 4 miles to the south.
- The town is also served by the underground with the Piccadilly Line (Hounslow West, Central and East) providing swift access to both central London and London Heathrow Airport which is situated approximately 3 miles to the west.
- The subject property is very well located on the main retailing high street close to Debenhams and the Hounslow Central Station is close by.
Additional Notes
- Let to Nandos Chickenland Ltd on 22 year lease from 19th February 2010.
- Current rent of £56,000 with 5 yearly open market rent reviews
- Nandos Chickenland Ltd is one of the UK’s top leisure covenants with a turnover of £650m & net worth of £175m (5A1 covenant strength)
Features
£500k - £1m
Attractive property
Blue-chip tenant
Finance available
Lease term: 10 - 15 years
Prime location
Virtual Freehold
