Self Contained Ground Floor Business Unit To Let, Notting Hill, W11
14 Powis Mews, Notting Hill, London W11
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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 modern self contained ground floor business unit comprising a single open plan area having an approximate net internal floor area of 224 sq ft (20.8 sq m).
Amenities
WC | Electric Heaters | Good Natural Light | Kitchenette | Electric Louvres
Terms
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 tenant break option on three months notice at any time after the first year.
Rent:£13,500 per annum exclusive of VAT and other outgoings, increasing to £14,000 pa after 2.5 years. Rent payable quarterly in advance.
Deposit: A deposit will be required equivalent to one quarter’s rent (plus VAT).
Service charge:£100 per quarter ( Service charge covers general management of the building - administrative costs. It also covers cleaning of the shutters.)
Building's Insurance: A proportion of the annual premium (3.3% building area) which last year came to £242.
VAT
The rent will be subject to VAT in addition.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £8,800 and the rates payable for the current year ending 31/03/14 are £2499.04. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
EPC
Copy of the EPC and Recommendations are available on request. Energy Performance Asset Rating 107 - Band E.
Possession
Immediate upon completion of legal formalities.
Contact
Jeremy Barnard or Alan Bateman
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@jmwbarnard.com
Email: ab@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.
