Shop, Basement & Upper Floor to Let - Short Term, Notting Hill Gate, W11
40a Notting Hill Gate, London, W11
Situation & Location
The property is situated on the northern side of Notting Hill Gate , close to the junction with Linden Gardens . Other retailers located in the block include Vodafone, KFC, Nandos, Nat West, Lloyds Bank and Paul Rhodes Bakery. Notting Hill Gate Underground (Central, Circle, District Lines) is a few metres distant. 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 | 251 sq ft | 23.32 sq m |
| Lower ground floor sales/storage | 296 sq ft | 27.5 sq m |
| Basement storage (restricted head height) | 277 sq ft | 25.7 sq m |
| Mezzanine | 23 sq ft | 2.13 sq m |
| First floor (reached via narrow staircase) | 300 sq ft | 27.9 sq m |
Rent
£32,500 per annum exclusive, payable monthly/quarterly in advance, subject to five yearly upward only review.
Lease
A new internal repairing and insuring lease is available for a term of five years, subject to mutual rolling break after two yearss, to be taken outside the security and tenure and compensation provisions of the Landlord & Tenant Act 1954.
Legal Costs
Each party to bear their own legal costs in connection with the grant of the lease; incoming tenant to bear both parties professional fees in connection with any Licence to Alter.
Energy Performance Certificate
Energy Performance Asset Rating 103 (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£26,750 and the rates payable for the current year ending 31/03/19 are £12,840. 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.
