Find a Property

Commercial Property For Sale
Spring street, Paddington, London, W2 1JA
895,000

Key Features

  • Prominent A3 Restaurant.
  • Busy High Street Location
  • Recently refurbished throughout.
  • 10 year tenancy from January 2023
  • Income 50,000 p/a
  • Rent review in 2026.
  • Westminster Gen Rates 24,000 p/a
  • Long Lease of 49 Years.

Summary

Prime location E class premises currently trading as an established restaurant that has been trading for many years.

The premises totals 1987 square feet and occupies the ground and lower ground floors.

The premises has been recently refurbished to a high standard by the new tenants.
Space at the front of the restaurant for further outside seating covered by a full size awning.

This commercial opportunity is being sold with a long remaining lease of 50 years and a 10 year tenancy from January 2023.

Location

Situated in a busy throughfare to Paddington Mainline Station and the new Elizabeth Line with Hyde Park only a few minutes walk.
Other local amenities on the high street include Cafe Nero and lots of Independent and established businesses.

Additional Information

Remaining lease of 49 Years.
10 year tenancy from January 2023.
Rental Income 50,000 p/a.

For further information on this property please call 020 7262 2900 or e-mail [email protected]

Tenancy Information

Interested in this property?

020 7262 2900

Enquire/request a viewing

Share this property:
OmbudsmanDPSOnthemarketZooplaPrimelocation