Newly Refurbished Corner Retail Unit To Let, Notting Hill, W11
Unit 1, 253 Portobello Road, Notting Hill, London W11
Situation & Location
The property forms the north west corner of the junction between Portobello Road and Lancaster Road. It is thus one of the most prominent and important sites on this world famous destination. Other retailers located nearby include Jovonna London, Greggs, Ukai Sushi; Tesco Metro. View location map.
Description & Accommodation
253 Portobello Road has been the subject of a complete refurbishment and re-arrangement to bring it up to modern standards but will provide the same mix of uses as the existing building. The subject property is on the ground floor and basement on the prominent corner frontage and has the following net internal floor areas- floorplans available on request:
| Retail Unit I (corner frontage) | ||
| Ground floor sales | 1,024 sqft | 95.16 sq m |
| Basement | 418 sq ft | 38.36 sq m |
| Vaults | 75 sq ft | 6.98 sq m |
| Total | 1,512 sq ft | 140.50 sq m |
Rent
£89,500 per annum subject to five yearly upward only review.
Lease
New effectively full repairing and insuring lease for a term of 10 years.
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
An EPC will be prepared and is available on request.
Business Rates
Currently being reassessed – details on request.
VAT
The property is VAT opted and VAT will be chargeable in addition to quoted rents.
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.
