£1,650,000

Restaurant for sale

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£1,650,000

(£471.43/sq. ft)

Restaurant for sale

The Mall, London W5

3,500 sq. ft

Local area information

Property location

Nearby amenities

  • La Chouette School 0 miles
  • Ealing Broadway 0.1 miles
  • Ealing Broadway 0.1 miles
  • Christ the Saviour Church of England Primary School 0.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Grange Park, Hanger Lane and Ealing Common to find out more about the local area.

Features and description

  • Tenure: Freehold
  • Near Ealing Broadway Station
  • Prime High Street Location
  • Great Investment Opportunity
  • Scope to Extend / Redevelop (STPP)
  • Available Now
Description:
Kingworths are delighted to present this rare investment opportunity in the heart of Ealing Broadway, consisting of a ground floor freehold commercial property and offices above split over three floors. Ground floor is occupied by Siam Pinto Thai restaurant on a 15 years' lease due to expire in 2027, outside Landlord and Tenant Act 1954 paying an annual rent of £40,000. Offices above are occupied by a specialist school on a 5 years' lease, due to expire in 2028 with 3 years break clause paying £25,000 per annum. Total return is £65,000. There was planning submitted in 2018 (Ref: 180959FUL) for three residential units, 2 x two bedroom and 1 x one bedroom apartments, which was approved but has subsequently expired. There is still scope to redevelop (STPP) and we have been advised planning will be submitted for 5 x large studio flats over the three upper floors.

Location:
The premises are in a prime position on The Mall, Ealing, W5. Located within a one-minute walk to Ealing Broadway Station which is on District, Central and Elizabeth Line (part of Crossrail), proving a busy commuter a quick access into central London and Heathrow. Nearby retailers include Marks and Spencer, Boots and Primark as well as a whole host of well-known banks, bars and restaurants.

Accommodation:
Ground floor commercial & offices above, split over three floors.

Usage:
We believe the premises fall under E class of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020, but applicants are advised to make their own enquiries with London Borough of Ealing council.

Value added tax:
This property has not been elected for Vat.

Legal Costs:
Each party to bear their own legal costs incurred in this transaction.

EPC:
57 The Mall - Energy performance rating of '41 B'
57a The Mall - Energy performance rating of '84 D'

Viewings:
Strictly by an appointment via Kingworths.

Floor plans and tours

Floor plans (1)

1 floor plan available

View the floor plan to understand the space and layout of this property.

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Property descriptions and related information displayed on this page are marketing materials provided by - Kingworths. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kingworths for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. West London
  5. Ealing
  6. The Mall