Prominent Restaurant & Bar to Let, North Kensington, W10
36 Golborne Road, North Kensington, London, W10
Situation & Location
The property occupies a prominent corner location at the junction of Golborne Road and Southam Street in London W11. This trendy and artistic neighbourhood is famed for its parade of original Victorian shopfronts now home to fashionable brands such as Aesop and Ally Capellino sitting alongside original independent shops cafes and restaurants. The street is also famed for the Golborne Road market which attracts tourists and locals looking for something a bit different to nearby Portobello. Restaurants of note on Golborne Road include Pizza East (Soho House), 108 Garage which was a hit when it opened in 2018, celebrity haunt members club and restaurant Laylow, and numerous independent and long standing cafes and restaurants. The property is just to the east of the bridge in the shadow of the iconic Trellick Tower. View location map.
Description & Accommodation
| Basement Cellars |
1,200 ft | 111.5 sq m |
| Basement WC’s |
381 sq ft | 35.4 sq m |
| Ground Floor Bar |
1,457 sq ft | 135.4 sq m |
| First Floor Bar |
1,156 sq ft | 107.4 sq m |
| Second Flr Staff Acc |
1,156 sq ft | 107.4 sq m |
| TOTAL | 5,350 sq ft | 497.1 sq m |
Rent
£80,000 per annum exclusive, payable quarterly in advance, subject to five yearly upward only reviews.
Lease
Either a full repairing and insuring lease for up to 20 years, inside the Landlord & Tenant Act 1954 ; or a short term lease for a term of up to 5 years, outside the 54 Act.
Use
The premises benefit from an A3/4 planning consent. A premises licence is in place permitting the sale of alcohol on the ground floor and basement with restaurant conditions until midnight. The upper floors can be used for entertainment until 0100. Further details on request.
Legal Costs
Each party to bear their own.
Energy Performance Certificate
In preparation.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £94,500 and the rates payable for the current year ending 31/03/20 are £49,518. 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
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.
