Refurbished 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. 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 | 607 sq ft | 56.4 sq m |
Basement Sales | 435 sq ft | 40.4 sq m |
Vaults Storage | 60 sq ft | 5.6 sq m |
Total | 1,100 sq ft | 102 sq m |
Amenities
Newly refurbished with new oak flooring throughout, WC.
Terms
A new lease is available on an effectively full repairing and insuring basis, for a term of up to fifteen years, at a rent of £80,000 per annum, subject to five yearly upward only rent reviews.
Legal Costs
Each party to bear their own.
Energy Performance Certificate
EPC and recommendations available on request: Energy Performance Asset Rating 100 (Band D).
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £77,000 and the rates payable for the current year ending 31/03/17 are £38,269.00. 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
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@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.