Retail premises to let in Horn Lane, London W3

Description

An excellent opportunity to take over this well-located dry cleaners, situated on a popular parade on Horn Lane. The property enjoys a prime position, surrounded by new-build apartments and is conveniently close to Acton Main Line Station (Elizabeth Line/Crossrail), North Acton Tube Station, and the A40 motorway. Premium: £55,000.

Current Business: "Pristine Dry Cleaners" is an established dry cleaning business with a solid reputation. It boasts a loyal customer base, reflected in its strong online reviews, making it a ready-to-operate opportunity for the new owner.

Approx. 480 sq ft. Further benefits include a rear access to the property.

Location:
The premises are ideally situated in a bustling residential area. It's only a short walk from the densely populated Victoria Road, home to many students and professionals. Acton Main Line (Elizabeth Line) and North Acton Tube Station are both within close reach.

Lease:
16 years from 2010 (renewable). The landlord has confirmed the possibility of a new lease if required. Full repairing and insuring lease.

Premium:
£55,000, including goodwill, fixtures, and fittings. The premium reflects the value of the existing business and the ready-to-use equipment. Rent reviews are based on the property's condition before refurbishment.

Rates:
The rateable value = £11,000 before any reliefs or discounts. Eligible for 100% business rates relief. Interested parties must verify these figures with London Borough of Ealing.

Legal Costs:
Each party will be responsible for their own legal costs in the transaction. The incoming tenant will cover the landlord's reasonable legal fees.

Viewing:
Strictly by appointment only with Sole Agents Citydeal Estates. (staff not aware)