Favourable lease - Prime position

Amenities

• Class E Use - Retail premises
• All ground floor
• Prime position close to High Road
• Air-conditioned (not tested)
• LED track lighting
• External security shutter
• Popular boutique parade
• Very well presented
• Existing tenant relocating
• To Let - By Assignment

Description

Extremely well presented, Class E Use retail premises, in a prime position in Central Chiswick. Arranged over the ground floor as open plan retail plus stores and WC/washroom. Window frontage 15'6 (4.7m) with security shutter.

Accommodation:
Ground Floor Retail: 310 sq.ft.
Ancillary: 25 sq.ft.
WC/Washroom:
Total: 335 sq.ft. NIA

This is the FIRST SHOP, east side, in Devonshire Road when approached from Chiswick High Road (A315); KFH at the corner. Other surrounding traders include Wild Swans (ladies fashion), Lea & Sandeman, W4 Bathrooms & Heating, Duci ice cream, Killik & Co wealth management, Napoli on the Road pizzeria and La Trompette (Michelin starred restaurant). Turnham Green TfL (District line) station within 350m. Pay by Phone parking immediately outside, loading bays opposite. Well positioned to benefit from the crowds who come to Chiswick on the first 3 Sundays of the month to explore the Markets (flower, antiques and cheese) set up along this stretch of Chiswick High Road.

LEASE TERMS: The remainder of a full repairing and insuring lease from 9 December 2020 for a term of 10 years (exp. 2030). Subject to an upward only rent review and mutual break clause (with 6 months notice) in December 2025.

PASSING RENT: £27,500 p.a.x. subject to VAT.

PREMIUM: Offers in the region of £15,000 for this favourable Lease, competitive rent, rare opportunity and well presented condition. Not subject to VAT.

SERVICE CHARGE: TBC - Reimbursement of the Landlord's costs, including Building Insurance premium.

LEGAL COSTS: The incoming party to contribute £2,000 plus VAT towards the Assignor's legal costs.

BUSINESS RATES: Please contact the London Borough of Hounslow. Rateable value: £23,750. Interested parties to make their own enquiries with regards to eligibility for rates relief, retail discount etc..

VAT: RENT is subject to VAT. PREMIUM is not subject to VAT.