London Heathrow 8.2m, London City 15.1m, London Luton 23.9m
Stonebridge Park 1.1m, Ealing Broadway 1.3m, Wembley Central 1.4m
Hanger Lane 0.2m, Park Royal 0.5m, Alperton 0.7m
The shop is currently let on a Full Repairing & Insuring lease to Jan Kopczynski for a term of 10 years from the 7th November 2013 expiring on the 6th November 2023, with a rent review and Tenants Break at 5 years with 6 months written prior notice, at a commencing and current passing rental of £8,450 per annum exclusive producing a yield of 7.04YP. The Rent Review as of November 2018 has not been initiated as yet by the Landlords with an estimated revised rent of between £10-£11,000 per annum exclusive which would produce a yield of 8.33-9.16YP. The original use for the shop was for a Beauty & Hairdressing Salon but is now trading as Dryline Ltd.,
in supplying and fitting Suspended Ceilings, Glass Partitions and Dry Lining.
|Floor / Demise||Tenant||NIA (sq ft)||Rent (p.a.)||Start date||Expiry date||Break option||Next review|
|Ground Floor Shop||Jan Kopczynski||410||£8,400||07/11/2013||05/10/2023||07/11/2018||07/11/2018|
Viewings are by strictly by prior appointment with the Vendors Sole Agents Dutch & Dutch.
Each party to be responsible for their own costs incurred on a sale of the property.
We are advised by the Vendors that there is no VAT applicable on the sale of the property.