Prime Shop To Let, Notting Hill, W11
166 Portobello Road, Notting Hill, London, W11
Situation & Location
The property is situated in a prime position on the the eastern side of Portobello Road, close to the junction with Talbot Road. Other retailers located in the block include Kath Kidston, Kurt Geiger, Pylones, Joe & The Juice, Café Nero & Santander. View location map.
Description & Accommodation
The property comprises a self-contained ground floor retail unit providing the following approximate floor areas:-
| Internal Width | 12’32 | 3.7 m |
| Shop Depth | 45’3” | 13.8m |
| Ground floor front sales | 471 sq ft | 43.8 sq m |
| Ground floor rear sales/storage | 264 sq ft | 24.5 sq m |
| Office/Store | 20 sq ft | 4.0 sq m |
Rent
£64,500 per annum exclusive, payable quarterly in advance, subject to five yearly upward only review.
Lease
A new effectively full repairing and insuring lease is available for a term of 10 years.
Common Expenses
Tenant will bear a fair proportion of the cost of maintaing and insuring building structure.
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
In preparation.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £93,500 and the rates payable for the current year ending 31/03/19 are £32,156. Please note this is an erroneous valuation and is subject to an appeal – further information on request.
Possession
Early March 2018.
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.
