Retail Unit to Let, London, W10
A1 & A3 Uses Considered
Ground Floor, 108 Golborne Road, London, W10
Situation & Location
The property is situated on the side of Golborne Road, close to the junction with Portobello Road. Other businesses located nearby include Pizza East, Ally Capellino, J&M Davidson, Kell Scott and Shneideman Gallery. View location map.
Description & Accommodation
The property comprises a self contained ground floor retail unit, with rear access from Munro Mews and a rear yard area, which has in the past traded as a café within Class A1, providing the following approximate floor areas:-
| Ground floor sales | 773 sq ft | 72 sq m |
| Ground floor kitchen | 108 sq ft | 10 sq m |
| Total | 881 sq ft | 82 sq m |
Rent
For operators within the current A1 use: £40,000 per annum exclusive, payable quarterly in advance, subject to five yearly upward only review.
For operators requiring a change of use to A3 use: £50,000 per annum exclusive, otherwise on the same basis.
Lease
A new effectively full repairing and insuring lease is available for a term of up to fifteen years.
Common Expenses
The lessee will bear 40% of the cost of maintaining and insuring building structure.
Special Conditions
For offers subject to change of use a non-refundable deposit will be required to secure a period of exclusivity while prior approval is obtained.
Energy Performance Certificate
Copy EPC and recommendations available on request.
VAT
The property is not currently opted for VAT.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £32,000 and the rates payable for the current year ending 31/03/16 are £15,776. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
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.
