Property Information
Address:
Mleczko Delikatesy, 193-195 High Street, London, Greater London
, W3 9DD
, Greater London
, United Kingdom
Price: Property no longer available.
Size: 3054 sq ft284 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH653174
Property Ref/Agent: 156
*Please use the agent ref when calling the agent directly.
Property description
A modern retail investment forming part of a mixed use development in a prime West London location and with a well secured income from an established and successful independent supermarket chain.
The property is located on Acton High Street and directly opposite an area known as The Mount, which accommodates a major Morrisons superstore, St Marys Church and Barclays Bank.
The property comprises a lock-up retail unit as part of a mixed use development constructed in 2000.
The unit measures as 3,054 sq ft (283.72M2) and has an ITZA of 1,227 sq ft (114M2). To the rear is a service yard with a loading bay area. Floor plans are available upon request.
Terms
The property is for sale at £1,300,000 (One Million Three Hundred Thousand Pounds) for the 979 year headless and the benefit of the existing tenancy to Mleczko Delikatesy Ltd.
Viewing
Viewings are strictly by appointment only.
Please contact Tony Chamberlain 7.
Rental And Income
The property is let in its entirety to Mleczko Delikatesy Ltd (Co.Reg.No. 07462462) on a Full Repairing & Insuring Lease for a term of 20 years from 11th February 2015 and with the provision for 5 yearly rent reviews.
The rent was reviewed in February 2020 to £79,000 per annum, equating to £64.38 per sq ft Zone A.
Mleczko Delikatesy Ltd is a small independent chain of supermarkets, specialising in Polish food products and with each shop containing an in-house butchers and bakery.
The company has 11 branches located in West London.
The company reported a turnover for year end December 2019 of £33.51m with pretax profits of £722,795 against administration costs of £4.71m.
979 Headlease
For Sale
15 Years Secured Income
Strong Tenant Covenant
£79,000 per annum Rental
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