Shop & Basement A1/A2 use to Let, Notting Hill, W11
Ground floor & basement, 136a Lancaster Road, Notting Hill, London, W11
Situation & Location
The property is situated on the northern side of Lancaster Road, close to the junction with Ladbroke Grove. Ladbroke Grove Underground (Circle, Hammersmith and City lines) is close by. Other businesses in the vicinity include Loaf, Barclays bank (both opposite); Marsh and Parsons (adjacent). Portobello Road is a short walk away. View location map.
Description & Accommodation
The property comprises a self-contained ground floor and basement retail unit providing the following approximate floor areas:-
| Net Frontage | 13’3” | 4 m |
| Gross Frontage | 16’ | 4.9 m |
| Shop Depth | 45’7” | 13.9 m |
| Ground floor ceiling height | 12’3” | 3.7m |
| Ground floor office/sales | 543sq | 50.5 sq m |
| Ground floor office | 218 sq ft ft | 20.2 sq m |
| Basement Office/Kitchen | 411 sq ft | 38.2 sq m |
| Vaults | 66 sq ft | 6.2 m |
Amenities
M&F WC's | Air Conditioning (not tested) | Kitchen
Terms
A new flexibile underlease, to be taken outside the security of tenure provisions of the landlord and tenant act 1954, at a rent of £35,000 per annum
Or an assignment of our clients leasehold interest expiring July 2022.
Legal Costs
Each party to bear their own costs in connection with the assignment or underletting. Assignor to bear Landlord’s costs in connection with Licence to Assign/Underlet; Assignee to bear Landlord’s costs in connection with any Licence to Alter.
Energy Performance Certificate
Energy Performance Asset Rating 113 (Band E). Copy certificate and recommendations on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £41,750 and the rates payable for the current year ending 31/03/20 are £20,009 . Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 0208-315-2082.
VAT
To be confirmed.
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.
