Office or Shop to Let, Portobello Road, W10
363 Portobello Road, London, W10
641 sq ft (61 sq m) office/sales plus basement store of 441 sq ft (41 sq m)
Situation & Location
The property is situated on the side of Portobello Road, at the junction with Faraday Road, in the section to the north of Golborne Road with its busy market and restaurants. Ladbroke Grove underground (Circle, Hammersmith & City Lines) is within easy reach. View location map.
Description & Accommodation
The property comprises a self-contained ground floor and basement former betting shop (please see floorplan below) providing the following approximate floor areas:-
GF sales/office 61 sq m 641 sq ft Basement storage 41 sq m 441 sq ft
Amenities
Excellent natural light; WC; security grilles.
Terms
Either a short term internal repairing and insuring office lease for a period of two years, to be taken outside the Landlord & Tenant Act 1954 at a rent of £25,000 per annum.
Or a longer term full repairing and insuring shop letting at a rent of £35,000 per annum, subject to five yearly upward only reviews.
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
An EPC has been commissioned and is available on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £28,750 and the rates payable for the current year ending31/03/16 are £14,173. 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.
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.
