Single bar operation over ground floor and basement with a central servery on the ground floor and open plan trade area. The property has been fit out to a high standard.
The property has a prominent corner position on Chippenham Road and Elgin Avenue. This is an affluent area of North West London with high density residential accommodation and numerous other commercial and retail occupiers. Paddington Recreation Ground, Paddington Academy and BBC Studies are all nearby. The area is well served by public transport with a number of underground stations in walking distance including Maida Vale and Westbourne Park.
There is a premises licence in place which permits opening hours as follows: Monday to Saturday 10.00 to 00.30 Sunday 11.00 to 23.00
The property is held on a Free of Tie 20 year lease from 2011. The current passing rent is £58,000 per annum. The 2010 Rateable Value is £47,000. Parties should verify this via the VOA website.
We understand the premises benefit from Class A4 Use. Each party are to bear their own legal costs incurred in this transaction. All prices quoted may be subject to Value Added Tax provisions. Possession is available upon completion of all legal formalities. Staff are completely unaware of the impending sale and therefore your utmost discretion is appreciated, especially if you are wishing to inspect as a customer in the first instance.
Offers are invited.
Each party are to bear their own legal costs incurred in this transaction
Paul Tallentyre / Connie Start on 0207 299 0740 / 0207 299 0695
Email: email@example.com / firstname.lastname@example.org
All measurements, planning and licensing information are supplied for guidance only, and the potential purchasers should satisfy themselves as to their accuracy.
Note that where a property is still trading, staff may be unaware of the proposed sale, so discretion is vital. Please channel all enquiries throught this office, as a failure to do so may cause embarrassment and jeopardise the sale.
Although the status of each proerty is clearly marked; if a property is already under offer it is still worthwhile enquiring, as transactions can often abort. Possession is normally on completion of legal formalities, saved for some development situations which may still be under constuction.