Prominent Shop to Let, Notting Hill Gate, W11
Ground Floor, 125 Notting Hill Gate, London W11
Situation & Location
The property is situated on the southern side of Notting Hill Gate, a short distance from its junction with Campden Hill Road and in close proximity to Notting Hill Gate Underground (Central, Circle, District Lines). Traders represented nearby include Pizza Express, Valentinos, John D Wood, Leyland Paints, Purple Bone. View location map.
Description & Accommodation
The shop is shortly to be separated from the upper floors and will comprise a self-contained ground floor retail unit providing the following approximate floor areas:-
| Net Frontage | 11' 3" | 3.4 sq m |
| Ground floor sales | 390 sq ft | 36.23 sq m |
| Ground floor storage | 32 sq ft | 3 sq m |
| Total | 422 sq ft | 39.2 sq m |
Lease
A new full repairing and insuring lease is available for a term of 10 years, at an asking rent of £35,000 per annum exclusive.
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 and recommendations available on request: Energy Performance Asset Rating 118 Band E.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is currently £38,750 and the rates payable for the current year ending 31/03/18 are therefore £18,057.50. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
VAT
To be advised.
Possession
Immediate upon completion of legal formalities, following completion of landlord’s works.
Contact
Roger Painter
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: rp@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.
