Restaurant/cafe for sale in South Ealing Road, London W5

£320,000 (£342.98/sq. ft)
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Restaurant/cafe for sale

933 sq. ft*

Property description

We are pleased to bring to market this excellent investment opportunity. The property is a lock-up commercial unit on the ground floor of a three-story terraced parade. The unit has an approximate gross internal area of 86.6 sqm / 933 sq ft. Currently it is being used a café, let to Babki Ltd on a 12 year lease from November 1,2019, with rent reviews every 4 years.

Key points:
- Ground floor commercial unit trading as a café
- To be sold on a new long lease
- Rental income of £23,000
- Let until October 31,2031
- Approx. Area is 86.6 sqm / 933 sq ft
- Price: £320,000 +vat
- Subject to VAT, but we understand that it can be treated as a togc

Location:
South Ealing is an affluent area in west London, which is highly desirable. Ealing has been designated as a major metropolitan area in the London Plan. It is an urban residential area with many green spaces, and especially know for Walpole Park. It has many cultural points of interest as well as popular pubs and restaurants.

The property is located on an established retail parade on South Ealing Road. It is 200m from South Ealing station, serviced by the Piccadilly Line.

Occupiers close by include Sainsbury’s, Argos, Costa and a range of local boutiques and national retailers.

Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Vanderwald, E5 on +44 1582 936564 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vanderwald, and do not constitute property particulars. Please contact Vanderwald for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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