1 room flat of 249 m² in London

Ground floor shop on vibrant Queensway with new 15 years lease. 38 The property was a Bureau de Change for twenty years and then a bubble tea shop. Under the new property laws, it is available for most retail uses, but not for hot food takeaway or as a restaurant. It is situated in the centre of vibrant Queensway, close to McDonald's and Burger King and next door to the world-famous Four Seasons Chinese restaurant. The area has many residents and large numbers of tourists staying in the local hotels. The Whiteleys redevelopment will be completed in July 2025 and the area is expected to become even busier. The property will be provided with vacant possession, including all the furniture and fittings. TENURE The property is available with a new 15-year lease. TERMS Rent: £55,000 per annumLease Start: on signing in 2025Lease End: 2040Rent Reviews: Every 5 yearsRent Deposit: 6 months rent ACCOMMODATION Ground Floor Internally: 38.23 sq m (412 sq ft) RATES Rateable Value: £25,000Rates Payable 23/24: £12,475 per annum LEGAL COSTS Each party is to be responsible for their own legal costs EPC: E Nearest stations"Bayswater (50m)"Queensway (200m)"Paddington (1km) Viewings strictly by appointment. Please Property Ref: P1118