Ground Floor Shop to Let, Portobello Road, W11
Ground floor, 236 Portobello Road, London, W11
Situation & Location
The property is located on the eastern side of Portobello Road, a short distance south of its junction with Lancaster Road. Nearby retailers include Greggs, Tesco Metro, Supra & Jovonna. View location map.
Description & Accommodation
The property comprises a self contained ground floor retail unit providing the following approximate floor areas:-
| Net Frontage | 12 ft | |
| Ground floor sales | 308 sq ft | 28.6 sq m |
| Ground floor storage | 201 sq ft | 18.7 sq m |
Terms
An assignment of our clients effectively full repairing and insuring lease expiring 8th July 2024, at a current rent of £33,500 per annum. Rent review and tenant’s break option at 9th July 2019. Fixtures and fittings available by negotiation.
Legal & Other Professional Costs
Each party to bear their own costs in connection with the assignment. Assignor to bear Landlord’s costs in connection with Licence to Assign; Assignee to bear Landlord’s costs in connection with any Licence to Alter.
Energy Performance Certificate
Copy available on request – Asset Rating 46 (Band D).
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £22,250 and the rates payable for the current year ending 31/03/17 are £10,769. 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.
