455 Uxbridge Road, Hatch End, Pinner, HA5 4JS

Summary

The premises comprises a fully fitted restaurant situated on the main road through Hatch End. The fittings are of a high quality throughout and are ready for use by a prospective tenant. The kitchen is modern and well maintained with a large walk in fridge and an extension for dry storage to the rear of the property.

Key Points

Premium

A premium is being sought to benefit our client's existing lease, fixtures, fittings, and associated goodwill. The premium has been set at £160,000.

AML Requirements

To comply with the Money Laundering Regulations 2017, we are legally required to verify the identity of all parties to a transaction. Prospective purchasers/tenants must provide satisfactory identification documents and information regarding the source of funds. These checks will be carried out by an independent party before any agreement is formally entered into. The tenant or purchaser will be responsible for these costs.

Location

The property is located on Uxbridge Road within walking distance (0.3 mi) of Hatch End Overground Station. The building is positioned in a prominent location in the heart of Hatch End on a busy retail parade. Customer parking is available by way of on street pay and display as well as Grimsdyke Car park which is opposite the subject premises.

Terms

The premises are available by way of a lease assignment, subject to the landlords consent. The current passing rent is £40,000 per annum with an upcoming rent review on 8 October 2027. The lease expires on 8 October 2032 and was granted inside of the Landlord & Tenant Act 1954 and therefore the tenant would have the right to renew the lease at the end of the term.