Bright Studio Office / Showroom To Let, Notting Hill, W11
Suitable for multiple Class E uses
Part Third Floor Office, 17 Powis Mews, Notting Hill, London W11
Situation & Location
The property forms part of a complex of offices and studios located on the western side of Powis Mews. Powis Mews runs between Talbot Road and Westbourne Park Road and thus lies at the heart of Notting Hill with Ledbury Road, Portobello Road and Westbourne Grove nearby. Westbourne Park Underground (Circle, Hamm&City Lines) is within easy walking distance and Notting Hill Gate (Central, Circle, District Lines) is also within reach. View property map.
Description & Accommodation
The property is a third floor studio office comprising a single open plan area with shared WC having an approximate net internal floor area ofsq ft 430 sq ft (40 sq m).The landlord will have access through the office in order to access their own, adjoining space. Floor plan available on request.
Amenities
Shared WC | Electric Heaters | Superb Natural Light | Entryphone | Alarm
Lease
A new lease is available, to be excluded from the Landlord & Tenant Act 1954, for a term of up to five years, which may include a mutual break option on three months notice at any time after the first year.
Rent
£24,000 per annum exclusive of VAT and other outgoings, payable quarterly in advance.
Deposit
A deposit will be required equivalent to one quarter’s rent (plus VAT).
Service Charge
Currently £350 per quarter ( Service charge includes electricity, window cleaning and also covers general management of the building inc. administrative costs.)
Building Insurance
A proportion of the annual premium will be charged which last year came to £523.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £20,868 and the rates payable for the current year ending 31/03/20 are £10,188. Businesses serving the public may however benefit from 100% covid relief eg showrooms and the landlord will support the appliction process. Royal Borough of Kensington and Chelsea business rates department 0207-361 2828.
VAT
The rent and other charges will be subject to VAT in addition.
EPC
An E.P.C has been prepared and is available on request: Energy Performance Asset Rating 107 (Band E).
Possession
Immediate upon completion of legal formalities.
Contact
Jeremy Barnard
Tel: 020 7938 3990
Email: jb@jmwbarnard.com
Important Notice: Measurements are approximate and no responsibility is taken for any error, omission or mis-statement in these particulars which do not constitute an offer or contract. No representation or warranty is given either during negotiations, in particulars, or elsewhere. Unless otherwise stated all rents and prices are exclusive of VAT, where applicable.
