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Shop & Basement to Let, Notting Hill Gate, W11

117 Notting Hill Gate, London, W11

Let - December 2015
Shop & Basement to Let, 117 Notting Hill Gate, London, W11

Situation & Location

The property is situated on the southern side of Notting Hill Gate, close to the junction with Hillgate Street. Other businesses located nearby include Faron Sutaria & Chard Estate Agents, Pizza Express, the London Printing Company, Four Seasons & Frame Set & Match. Notting Hill Underground (Circle, Central Lines) is nearby. 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 514 sq ft 48 sq m
Ground floor storage 74 sq ft 7 sq m
Basement Storage 377 sq ft 35 sq m
Total 965 sq ft 90 sq m

Rent

£51,500 per annum exclusive, payable quarterly in advance, subject to five yearly upward only reviews.

Lease

A new effectively full repairing and insuring lease is available for a term of 10 years.

Common Expenses

The lessee will meet a reasonable proportion of the Landlord’s costs in insuring and maintaining the main structure.

Legal Costs

Each party to bear their own legal costs in connection with the grant of the lease; incoming tenant to bear both parties professional fees in connection with any Licence to Alter.

Energy Performance Certificate

Copy EPC available on request.

Business Rates

The local authority has verbally informed us that the rateable value for the premises is £44,250 and the rates payable for the current year ending 31/03/16 are £21,815.25. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.

Possession

Immediate upon completion of legal formalities (no earlier than 24.6.15).

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.

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JMW Barnard LLP registered office: North Lodge, Brockham Green, Betchworth, Surrey, RH3 7JS - Registered in England Number: OC314826
JMW Barnard Management Ltd registered office: 2 Jardine House, Bessborough Rd, Harrow, Middlesex, HA1 3EX - Registered in England & Wales Number: 04407956