Basement & Ground Floor Shop to Let, Notting Hill, W11
41 Ledbury Road, Notting Hill, London, W11
Situation & Location
The property is situated on the west side of Ledbury Road, close to the junction with Chepstow Villas, and thus lies within Notting Hill's prime fashion location. Other retailers represented in this section of Ledbury Road include Sweaty Betty, Bodas. Aimé, Petit Aimé, David Clulow, Zadig and Voltaire and Jeeves. Please see attached Goad street traders plan (please note that this plan indicates both this unit and the neighbouring unit also occupied by our client, which is not available. View location map.
Description & Accommodation
The property comprises a self contained ground floor and basement retail unit providing the following approximate floor areas:-
| Ground floor sales | 546 sq ft | 51 sq m |
| Basememt sales/storage | 454 sq ft | 42.2 sq m |
| Total | 1,000 sq ft | 93 sq m |
Terms
An assignment of our clients effectively full repairing lease expiring 18.04.2022 at a current rent of £72,500 pa subject to review in April 2018: Premium £25,000.
Legal Costs
Each party to bear their own legal costs in connection with the assignment; assignor to bear head lessee's costs in relation to licence to assign; assignee to bear head lessee's professional fees in connection with any Licence to Alter.
Energy Performance Certificate
An EPC has been prepared, copy and recommendations available on request.
Business Rates
The property is currently jointly assessed with the neighbouring shop and a split of the assessments will be required post assignment.
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.
