Ground Floor & Basement A1 Shop to Let, New Lease, No Premium, Close to Portobello, Notting Hill, W11
128 Talbot Road, Notting Hill, London, W11
Situation & Location
The property is located close to the junction of Talbot Road with Portobello Road in the heart of Notting Hill, and benefit from both the regular tourist trade and the affluent residential population. Other retail and leisure businesses located in the immediate vicinty include the Distillery located at the junction with Portobello Road along with Joe & The Juice, the Electric, Whittards. View location map.
Description & Accommodation
The property comprises a self-contained ground floor and basement retail unit recently trading as a café/lifestyle shop with the following approximate net floor areas:
| Ground floor sales | 700 sq ft | 65 sq m |
| Basement office/sales | 412 sq ft | 38.3 sq m |
| Basement stores | 43 sq ft | 4 sq m |
| Vaults | 133 sq ft | 12.4 sq m |
Lease
A new effectively full repairing and insuring lease is available for a term of 12 years subject to four yearly upward only rent reviews.
Rent
£38,500 per annum.
Legal Costs
Each party to bear their own.
Energy Performance Certificate
In preparation.
Business Rates
Rateable value for the retail premises is £49,750 currently enjoying business rates holiday unit April 2021. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 7361 2828.
VAT
Will not apply.
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.
