147 Praed Street, London, LND

The property comprises a late Victorian mid terrace building, set out on basement, ground, and two upper residential flats.
The property is located on the south side of Praed Street, in a busy shopping pitch within the Paddington area of London. Paddington is a busy district centre lying to the northwest of London’s West End. London underground station and St Mary’s Hospital are
opposite.

Sale Notes:
The investment opportunity comprises a restaurant arranged over ground floor and basement within a busy retail pitch.
Freehold Investment - Offers in excess of £795,000 – 5.2% Net.

Let to HSS Corporation – a franchise of Subway International BV- assigned to Loxley London Limited on 25/1/2011for 15 years from 25
April 2003, at a rent of £42500 pa with 5 year rent reviews and FRI. Rent deposit of £35000
The two flats above are on 80 year leases from 29 September 2002 expiring in 2082.