269 Oldfield Lane North, Greenford

The subject unit is located in prime position, directly outside the station entrance/exit and faces outward onto Oldfield Lane North. The unit has a return frontage with a single door. Surrounding units are occupied by local retailers. The unit benefits from water, drainage and power.

Greenford Station is a National Rail and London Underground station situated in Greenford, Ealing. The station is served by the Central Line and the Great Western Railway. Greenford is in Travelcard Zone 4. Station footfall of 4.68 million in 2017. The existing retail provision on Oldfield Lane North is mixed with independent grocers and take away units and a Tesco’s Express to the south of Greenford Station and a William Hill opposite. To the north of Greenford Station, retail warehousing and industrial units line Oldfield Lane North.

Use Class

A1

Tenure

Leasehold

Viewing

Strictly by appointment.

Lease Type

New Lease

Lease Term

The unit is available by way of a new 6 year lease contracted outside the Landlord and Tenant Act 1954 and is subject to a 6 month rolling Landlord break, incorporating a rent review in year 3.

Rent

The rent payable to be an agreed minimum guaranteed rent (MGR) based on a percentage of turnover (sales).

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.