Shop & Basement Freehold for Sale, Notting Hill, W11
14 Needham Road, Notting Hill, London W11
Situation & Location
The property is located in a small parade of shops on the eastern side of Needham Road, which runs between Westbourne Grove and Artesian Road. It thus lies in one of London’s most affluent and fashionable districts. 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 plus Rear WC | 229 sq ft | 21.3 sq m |
| Basement office workroom | 309 sq ft | 28.7 sq m |
| Basement Vaults Storage | 49 sq ft | 4.5 sq m |
| Basement Kitchen | 30 sq ft | 2.8 sq m |
| Externally: Rear Garden |
The upper maisonette is sold on a lease of 181 years from 2012 with a peppercorn ground rent.
Terms
An offer of £550,000 is sought for the freehold interest with vacant possession of the shop and subject to the long lease for the upper maisonette.
Energy Performance Certificate
Energy Performance Asset Rating 135 (Band F) – copy EPC and recommendations available on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £22,500and the rates payable for the current year ending31/03/18 are £6,609.13 Interested parties should make their own enquiries and confirm: - City of Westminster business rates department 0208-315-2050.
VAT
Will not apply.
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.
