Property Information
Address:
Lillie Road, London
, SW6
Price: Property no longer available.
Size: 465 sq ft43 sqm
Primary Category: Leisure
All Categories:
Leisure, Shop,
Property Ref/Movehut: MH473247
Property Ref/Agent: Lillie Road, London, SW6
*Please use the agent ref when calling the agent directly.
Property description
Warren Anthony Commercial are delighted to bring to the market this established, well presented, fully fitted and equipped modern cafe. This popular place has we understand a loyal repeat customer base built up since the owners opened. It is situated within a parade of complementary businesses on a busy main road. The area is a mixture of residential and retail with a large shopping market nearby. It benefits from seating both inside and outside. The property is located in the busy junction of Lillie Road and Munster Road within a few minutes walking distance to Charing Cross Hospital and the nearest station at West Brompton Underground and rail station. The property also has the benefit of residential accommodation above a 2 bedroom flat currently producing an income of £18,000 per annum let on an Assured Shorthold Tenancy but can be made available if required. Use A1 to be confirmed. Premium £99,950 subject to contract for the benefit of the lease, fixtures and fittings. Rental £22,000 per annum exclusive. Terms with 3 years remaining of the current lease with a further 10 year extension available on terms to be agreed. Business rates we have been informed by the owner that the current rates payable are £2,000 per annum with benefit of the small business rate relief system with all interested parties recommended to make their own enquiries to the local rating authority at the London Borough of Hammersmith and Fulham. Size 465 sq ft approx. Opening hours Monday - Friday 7 am - 5 pm. Saturday 8 am - 4 pm and Sunday closed. Staff family run. Turnover with a current turnover we understand to be in the region of £390,000. Legal costs to be confirmed. Local authority London Borough of Hammersmith and Fulham. Utilities with all main services we understand are connected. Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord. A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account. Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition. Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that, 1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 2. These details do not constitute any part of an offer or contract. 3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony. 4. All rent, prices, fees and charges are quoted exclusive of VAT.
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