Property description

Ranson UK are proud to present this rare opportunity to acquire this stylish, period four storey building comprising of ground floor and basement, a fully fitted restaurant with 9 flats above in the highly sought after location of Earls Court Road SW5.This unit is currently operating as a well-established restaurant seating 60 people, the prestigious position offers maximum visibility to attract passing trade from the heavy footfall of the area.

This commercial unit benefits from a high specification throughout and all fittings and fixtures are included within the premium. We have been advised there is potential to sublet the restaurant for a rent of around £140,000 per annum. The property further benefits from 9 self-contained studio flats on the 1^st, 2^nd and 3^rd floor which generate a total income of £150,000 per annum.

Transportation links are excellent with Earls Court underground station a few moments’ walk away providing excellent connection to The City of London via district, circle and Piccadilly line.

Accommodation

Ground floor

Basement

9 self-contained studio flats

Total retail space: 1300 sqft approx.

Lease Term/Commencement

Our client wishes to assign his lease which has 11 years remaining.

Rent

£75,000 per annum

Premium

£700,000

Business Rates:

All interested parties are encouraged to make their own enquiries with Royal Borough of Kensington and Chelsea

Legal Fees/Cost

Each party are to bear their own legal costs.

Viewings

By prior appointment through Sole selling agents Ranson UK LTD.

Email: enquiries@ranson.co.uk

Tel: 0207 538 4057

Property Features :

• FANTASTIC OPPORTUNITY TO ACQUIRE ESTABLISHED A3/A5 UNIT
• HIGH SPEC FIXTURES AND FITTINGS
• HIGH FOOTFALL
• SHORT WALK FROM EARLS COURT UNDERGROUND STATION
• 9 SELF-CONTAINED FLATS ABOVE