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Freehold Sale - Shop & Basement, W10

89 Golborne Road, London, W10

Under Offer
Freehold sale of Shop & Basement, 1,124 sq ft (104 sq m) GIA, 89 Golborne Road, London, W10

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Situation & Location

The property is situated on the southern side of Golborne Road , close to the junction with Portobello Road . Golborne Road is recognised as one of London’s most dynamic retail locations with a number of renowned restaurant and retail business arriving in recent years including Pizza East, Garage 108, Snaps & Rye, Golborne Deli, Aesop, Folk, Ally Capellino to join the multitude of much loved local businesses and the excellent street food offering. View location map.

Description & Accommodation

The property comprises an unmodernised self-contained ground floor and basement retail unit providing the following approximate net internal floor areas:-

Internal Width 13’7” 4.14 m
Shop Depth 28’7” 8.71 m
Ground floor sales 352 sq ft 32.71 sq m
Ground floor kitchen 51 sq ft 4.74 sq m
WC    
Basement Sales/Storage 433.3 sq ft 40.27 sq m
Basement Vaults 49 sq ft 4.55 sq m
Approximate gross internal area 1,124 sq ft 104 sq m
     
Externally: Rear Yard 24’10 x 15’5” 7.6 x 5.3m

Terms

The freehold is available with full vacant possession of the shop and basement; the selfcontained residential upper parts sold on a lease for a term of 200 years from 1.04.04 at a ground rent of £200 pa, doubling in 2029 and every twenty five years thereafter, up to a maximum of £3,200 pa.

Price

£675,000 subject to contract.

Legal Costs

Each party to bear their own.

Energy Performance Certificate

In preparation with copy EPC and recommendations available.

Business Rates

The local authority has verbally informed us that the rateable value for the premises is £22,750 and the rates payable for the current year ending 31/03/19 are £8,035.43. 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.

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