Sold
Nando's, 204 Earls Court Road, London, SW5
London - M25
dba287
Leisure£2,650,000
Tenure: Freehold
Tenancy: Single Let
Investment summary
•Prime freehold restaurant with the benefit of offices and maisonette on the upper floors with separate access.
•Situated within the affluent Royal Borough of Kensington and Chelsea.
•Located 50 metres from Earls Court Underground Station.
•Other A3 occupiers closeby include Zizzi, Wagamama, McDonalds and Gourmet Burger Kitchen.
•Let on an over-riding lease to Nando’s Chickenland Limited for a further 19.4 years.
•Current rent of £141,426 per annum.
•Offers are invited in excess of £2,550,000, which reflects a net initial yield of 5.25% assuming purchaser’s costs of 5.7625%, subject to contract and exclusive of VAT.