Property to rent in Wellington Terrace London W2

Rent: £40000.00

Wellington Terrace London, W2 4LW

Property
-- Bed(s)
-- Bath(s)
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Street Address

Wellington Terrace London, W2 4LW

Property description

Well presented commercial unit in prominent location.-TO LET / LEASE ASSIGNMENT

Key Features
Prominent area
Close to restaurants and bars
Excellent condition
Long lease
Moments away from Kensington Gardens

Description
This is excellent opportunity to acquire commercial unit on a very popular high street. The unit is located moments away from Zizzi and Headmasters. The unit is in very good condition and comprises of a ground floor. We have been advised by our client that the business is generating £2,500 – £3,000 per week and additional £10,000 rent from the beauty room. It presents opportunity for someone who would like to acquire running business. Otherwise it is suitable for various A1 retailers.

Nothing Hill (District, Circle and Central lines) and Queensway (Central line) stations are 0.2 miles away, providing excellent connection to Central London and the rest of the network. The area is well served by local buses easily accessible by car via A206.

Accommodation
Ground floor:
Width/Frontage: 32” approx
Depth: 16“approx
Ground floor size: 680sqft approx

Total accommodation size: 680sqft approx

Lease Term/Commencement
Our client wishes to assign the lease which has 12 years remaining.

Rent
£40,000per annum.

Premium
Original premium £135,000. NEW PREMIUM £60,000!

Legal Fees/Cost
Each party is to bear their own legal cost.

Rates
We have been advised by our client that the current business rates payable are £13,000 pa. However, all interested parties are encouraged to make their own enquiries with London Borough of Westminster.

Viewings
By prior appointment through multi selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057

Disclaimer
Ranson UK Limited their clients and any joint agents give notice that:
1. They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Ranson UK Limited have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise
        






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Property Features :

  • Prominent area
  • Close to restaurants and bars
  • Excellent condition
  • Long lease
  • Moments away from Kensington Gardens
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Alliance Residential & Commercial

 183 Praed Street, London W2 1RH

 07958799171