Cafe for sale
Property description & features
Location:
456 High Road is located in central Wembley and is a tenth of a mile from Wembley Central train station. The property can be accessed from High road and Park Lane.
Description:
The ground floor of the property is made up of a restaurant premises. The first and second floors are accessed via an external staircase to the rear of the property, and are currently used as a House of Multiple Occupation (HMO). The HMO comprises of five bedrooms with ensuites and a communal kitchen. The Property is currently let to a tenant who occupies the entirety of the premises.
Tenure:
Freehold, subject to a Landlord and Tenant Act 1954 lease. The current lease is for a 20 year term expiring in June 2043 at a rent of £52,500 per annum increasing to £55,000 in June 2025. This lease is contracted in to the provisions of Section 24—28 of the Landlord and Tenant Act 1954 and is on a repairing and insuring basis.
Business Rates
The Ratable Value for the property is shown on the Valuation Office website as follows:
Restaurant and Premises: £41,000
EPC:
EPC band B, rating 34
VAT:
Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property, or any part of it, or any right attached to it, becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition.
Method of Sale:
The property is available as a whole by private treaty.
Land Registry Title Number:
AGL188980
Services:
The property is connected to mains water, drainage and electric. Such services have not been checked or tested.
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Property reference LLD240020. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Strutt & Parker - Lewes.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 7, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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