Restaurant, Hammersmith, Greater London
332 King Street, London, W6 0RRBasic Facts
| Property ID: 15596 | Post Updated: 2022-11-17 11:23:21 |
| Status: Sold | Type: Restaurant |
| Tenure: Freehold | Area: 1300 sq ft |
| Gross Rent: £ 33,000 | Lease Term: 16 years from Jul '22 |
| Lease Term Expiry Date: 14/07/38 | Years left on Lease: 14.2 |
| VAT applicable: No |
Property Description
- Freehold Restaurant Investment in London.
- The property comprises a mixed use building of masonry construction arranged over basement, ground floor and mezzanine level retail space
- Total area approx. 1300 sq ft.
Location Description
- The property is located on the north side King Street at the corner of Westcroft Square. Both Stamford Brook Underground Station (District line) and Ravenscourt Park Underground Station (District line) are close by.
Tenancy and Additional Notes
- The property is let in its entirety to Tosa West Limited for 16 years from 15th July 2022 with current passing rent of £33,000 pa rising to £34,000 in Yr 2 and £35,000 in Yr 3.
- 4 yearly upward only rent reviews
Features
£500k - £1m
Finance available
Freehold
No VAT applicable
Upwards Only Rent Reviews
