Paddington is a busy district centre lying to the London’s West End, comprising a mix of commercial, retail, and residential buildings. The property on praed street, in a busy shopping pitch. London underground station and St Mary’s hospital are opposite.
DESCRIPTION The property comprises a Victorian mid terrace shop and uppers, set out on basement, ground, and three upper floors. Shop, basement and 3 x studios Total income £75,000 per annum
Fees applying to all new tenancies from 1st June 2019
We may charge a tenant any or all of the following when required:
a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year;
a holding deposit of no more than one weeks’ rent;
default fee for late payment of rent (after 14 days);
reasonable charges for lost keys or security fobs;
payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant;
payments associated with early termination of the tenancy, when requested by the tenant; and
payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges.
Fees applying to all pre-existing tenancies entered before 1st June 2019
We shall continue to apply the charges within the existing tenancy agreement until 31st May 2020.
Business Names & Scheme Membership Details
Legal name of business: Paddington Estates Limited Trading as: Paddington Estates Company Registration Number: 6330353 Registered office address of business: 10 Sale Place, London W2 1PX Place of registration: England and Wales We are members of the following redress scheme: The Property Ombudsman Client Money Protection (CMP) is provided by Propertymark