A1 Shop to Let, Notting Hill, W11
Ground floor, 203 Portobello Road, Notting Hill, London W11
Situation & Location
The property is located close to junction of Portobello Road and Blenheim Crescent in a busy section of this world famous market, Other retailers located nearby include The Electric Brasserie, The Distillery, Whittard, Joe & The Juice, Gelataria 3bis, The Coffee Plant, and Poundland & Pylones. View location map.
Description & Accommodation
The property comprises a newly decorated self-contained ground floor retail unit providing the following approximate floor areas:-
| Internal Width | 15' 5" | 4.7 m |
| Shop Depth | 34' 5" | 10.5m |
| Ground floor sales | 522 sq ft | 48.5 sq m |
Rent
£45,000 per annum exclusive.
Lease
Either: A new effectively full repairing and insuring lease is available for a term of 10 years, with a rent review after five years (subject to status).
Or: A new, shorter term, internal repairing and insuring lease, of up to 5 years, to be taken outside the security and tenure and compensation provisions of the Landlord & Tenant Act 1954.
Legal Costs
Each party to bear their own legal costs in connection with the grant of the lease.
Energy Performance Certificate
An EPC is being prepared and is avial.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £51,500 and the rates payable for the current year ending31/03/ are £21,080. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
VAT
The property is not VAT opted.
Possession
Immediate upon completion of legal formalities.
Contact
Jeremy Barnard or Roger Painter
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@jmwbarnard.com
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.
