Virtual Freehold Vacant GF Shop For Sale, Portobello Road, W11

88 Portobello Road, London, W11

Situation & Location

The property is situated on the busy antiques market and tourist section of Portobello Road, just to the south of Chepstow Road. View location map.

Description & Accommodation

The property comprises a ground floor retail unit providing the following approximate floor areas:-

Internal width 14 ft (4.27m) narrowing to 11ft (3.35 m) after 13ft (3.96m)

Net internal area 300 sq ft 27.9 sq m. Plans available on request

Currently has exclusive use of WC in common parts. NB The vendor will reserve the right to extend the ground floor to provide a new WC to the rear of the shop and completely separate shop from common parts.

Tenure

New 999 year lease at a peppercorn.

Price

Offers in excess of £700,000.

Legal Costs

Each party to bear their own.

Energy Performance Certificate

EPC rating 73 (Band C) copy certificate and recommendations on request.

Business Rates

Currently rated together with the basement. Current RV £22,750 31/03/19 are £10,920. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 0208-315-2082.

VAT

Will not apply.

Possession

Full vacant possession on completion.

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.