Shop & Basement A2/A1 Use to Let, W11
153 Notting Hill Gate, London, W11
Situation & Location
The property is situated on the southern side of Notting Hill Gate, close to the junction with Campden Hill Road. Notting Hill Gate underground (Central, Circle, District Lines) is close by. Retailers located nearby include Marks & Spencer, Waitrose, Tesco, Leyland Paints, HSS Hire. View location map.
Description & Accommodation
The property comprises a modern self-contained A2 office, planned over basement, ground and mezzanine floors, with a rear patio garden, having the following approximate net areas:
| Ground floor sales | 391 sq ft | 36.3 sq m |
| Mezzanine office | 154 sq ft | 14.3 sq m |
| Basememt office | 333 sq ft | 31 sq m |
| Vaults | 60 sq ft | 5.6 sq m |
| Total | 983 sq ft | 91.4 sq m |
Externally: rear patio garden
Amenities
Air conditioning | Two WC's | patio garden | basement kitchen
Terms
An assignment of our client's full repairing and insuring lease for the property expiring 28 Jan 2020 (thus having approximately five years unexpired). Current rent £45,969 per annum exclusive, subject to review in June 2015.
Legal Costs
Each party to bear their own legal costs in connection with the assignment; incoming tenant to bear all parties professional fees in connection with any Licence to Alter.
Energy Performance Certificate
An EPC has been prepared and is available on request.
Business Rates
The local authority has verbally informed us that the rateable value for the ground floor is £37,000 and the basement £7,100. The rates payable for the current year ending 31/03/15 are £21,178 combined. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
VAT
The property is not VAT opted.
Possession
Estimated 1 February 2015.
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.
