Guide price
£500,000
Restaurant for sale34 Spring Street, Paddington, London W2
Auction
Leasehold
About this property
Please refer to auctioneer for more information Guide Price = £500,000+
**For Sale By Public Auction 12th November 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Well Located Commercial Investment Trading as a Restaurant Subject to a Lease Producing £55,000 Per Annum (Rising to £60,000 in 2026)
Tenure
Leasehold. The property is held on a 97 year lease from 24th June 1976 (thus approximately 47 years unexpired).
Location
The property is situated in the highly sought after area of Paddington close to local shops and amenities. The open spaces of Hyde Park are within easy reach. Transport links are provided by Paddington underground (Bakerloo, Circle and Elizabeth lines) and rail stations.
Description
The property comprises a lower ground and ground floor commercial unit operating as a restaurant (Class E) situated within a terraced building arranged over lower ground, ground and five upper floors.
Accommodation
Lower Ground and Ground Floor
Restaurant Area
Tenancy
The property is subject to an Fri lease for a term of 20 years commencing January 2025 at a rent of £55,000 per annum (rising to £60,000 in January 2026).
EPC Rating
B
Open during their normal business hours
**For Sale By Public Auction 12th November 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Well Located Commercial Investment Trading as a Restaurant Subject to a Lease Producing £55,000 Per Annum (Rising to £60,000 in 2026)
Tenure
Leasehold. The property is held on a 97 year lease from 24th June 1976 (thus approximately 47 years unexpired).
Location
The property is situated in the highly sought after area of Paddington close to local shops and amenities. The open spaces of Hyde Park are within easy reach. Transport links are provided by Paddington underground (Bakerloo, Circle and Elizabeth lines) and rail stations.
Description
The property comprises a lower ground and ground floor commercial unit operating as a restaurant (Class E) situated within a terraced building arranged over lower ground, ground and five upper floors.
Accommodation
Lower Ground and Ground Floor
Restaurant Area
Tenancy
The property is subject to an Fri lease for a term of 20 years commencing January 2025 at a rent of £55,000 per annum (rising to £60,000 in January 2026).
EPC Rating
B
Open during their normal business hours
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