A modern Class E use property featuring high- level ceilings and windows that provide excellent natural light, along with a mezzanine space created by current tenants additional usable space. The premises is currently operating as a tuition centre and is available for sale as a going concern business. The property benefits from a high-quality, recent fit-out, making it an ideal "turnkey" opportunity for a similar operator or an investor.
Location
The property is ideally situated within the heart of the Acton Gardens regeneration area, a vibrant and rapidly expanding residential hub. To date, over 2,000 new apartments and homes have been completed, with a further 1,000 units planned, ensuring a high level of local footfall and a growing community. Transport links and local amenities are excellent.
- Acton Town Underground Station (0.5 mile): Approx. a 10-minute walk, providing easy access to the Piccadilly and District lines, with direct links to Central London (approx. 25 mins) and Heathrow Airport (approx. 35 mins).
- Acton High Street (0.5 mile): Approx. a 10-minute walk, providing a wide variety of retail shops and local services. The area also benefits from frequent bus services connecting directly to Ealing and Shepherd’s Bush.
Terms
PREMIUM: £50,000 including fixtures and fittings. How is the premium calculated? The premium is based on the refurbishment costs carried out by the existing tenants, great layout and the property's excellent location. The current tenant took the property in a shell-and-core condition and installed a mezzanine level, which significantly increased the initial floor area and added valuable, usable space.
LEASE: Until April 2036 (renewable)
RATES: Rateable Value: £11,000 BEFORE any discounts or reliefs. Eligible for 100% relief on business rates. Interested parties should verify these figures directly with the London Borough of Ealing.
EPC: 30B
LEGAL COSTS: Each party to bear their own legal costs, with the incoming tenant responsible for the landlord’s reasonable legal fees.
Specification
- Surrounded by over 2,000 existing homes with 1,000 more planned, ensuring a steady stream of local demand.
- Located in the heart of the thriving Acton Gardens regeneration area.
- Recently refurbished to a high quality standard.