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Retail Property to Let, Notting Hill Gate, W11

49 Pembridge Road, Notting Hill Gate, London, W11

Retail Shop to Let / Rent, 1,220 sq ft (113 sq m) net, 49 Pembridge Road, Notting Hill Gate, London, W11

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Situation & Location

The property is situated on the western side of Pembridge Road which at this point enjoys a very heavy daily pedestrian flow carrying tourists from Notting Hill Gate underground to the Portobello Road. Other retailers located in the block include Superga, Bubbleology and Unico Ice Cream. View location map.

Description & Accommodation

The property comprises a self-contained retail property providing the following approximate net floor areas:-

Basement Sales plus kitchen & WC 386 sq ft 35.9 sq m
Basement Stock 68 sq ft 6.3 sq m
Ground Floor Sales 473 sq ft 44 sq m
First Floor Sales 292 sq ft 27.1sq m
Total Sales 1,151 sq ft 107 sq m
Total Ancillary 68 sq ft 6.3 sq m
Externally: First floor Roof Terrace 166 sq ft 15.4 sq m

Rent

£90,000 per annum exclusive, payable quarterly in advance, subject to upward only review at the end of the fifth year.

Lease

A new full repairing and insuring lease is available for a term of 10 years.

Legal Costs

Each party to bear their own legal costs in connection with the grant of the lease; incomingtenant to bear both parties professional fees in connection with any Licence to Alter

Energy Performance Certificate

An EPC has been commissioned –copy report and recommendations available on request.

Business Rates

The local authority has verbally informed us that the rateable value for the premises is £43,500 and the rates payable for the current year ending 31/03/19 are £14,619. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.

VAT

Will not apply.

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.

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JMW Barnard LLP registered office: North Lodge, Brockham Green, Betchworth, Surrey, RH3 7JS - Registered in England Number: OC314826
JMW Barnard Management Ltd registered office: 2 Jardine House, Bessborough Rd, Harrow, Middlesex, HA1 3EX - Registered in England & Wales Number: 04407956