Ground Floor Shop to Let, Holland Park, W11
2 Ladbroke Grove, Holland Park, London, W11
Situation & Location
The property is prominently situated on the the eastern side of Ladbroke Grove, at the junction with Holland Park Avenue, able to serve the wealthy resident population of one of London’s most prestigious districts. Other retailers located in the block include the American Foodstore, Sophie Gass, Le Leon hairdressers, Vapourcore and Lurot Brand. View location map.
Description & Accommodation
The property comprises a self-contained ground floor retail unit providing the following approximate floor areas:-
Internal Width | 9ft | 2.74 m |
Shop Depth | 28ft 8 ins | 8.8 m |
Ground floor sales | 255 sq ft | 23.75 sq m |
Amenities
WC
Rent
£22,500 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.
Energy Performance Certificate
EPC rating 74 Band D: copy report and recommendations available on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £14,500 and the rates payable for the current year ending 31/03/20 are £7,119 before any small business relief which may be available to qualified tenants. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 0207-361 2828.
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.