A3 & A5 Restaurant & Takeaway Unit To Let, Portobello Road, W11
Ground Floor & Basement, 233 Portobello Road, London, W11
Situation & Location
The property is situated on the the western side of Portobello Road, close to the junction with Westbourne Park Road. Other retailers located in this section include Starbucks, Love Hate Social Club, Tesco Metro, Snappy Snaps. View location map.
Description & Accommodation
The property comprises a self-contained ground floor and basement restaurant and takeaway providing the following approximate gross internal floor areas:
| Ground floor |
508 sq ft | 47.24 sq m |
| Basement sales |
536 sq ft | 49.8 sq m |
| TOTAL | 1,044 sq ft | 97.04 sq m |
Rent
£60,000 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 up to 15 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
EPC rating 62 Band C copy report and recommendations available on request.
Planning
Sui Generis A3/A5 use no vehicle delivery permitted.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £54,500 and the rates payable for the current year ending 31/03/20 are £27,413. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 7361 2828.
VAT
The rent and other charges will be subject to VAT in addition.
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.
