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Superb Gallery/Showroom Space to Let, Holland Park, W11

A1/A2 use – other uses considered subject to planning

10 Portland Road, Holland Park, London, W11

Let - August 2020
Superb Gallery/Showroom Space to Let | 600 sq ft (55.8 sq m), 10 Portland Road, Holland Park, London, W11

Situation & Location

The property is situated on the eastern side of Portland Road, immediately to the north of the junction with Holland Park Avene. Other businesses located in the parade include popular restaurant 6 Portland Road; Kallaway Public Relations; K4 Creative Agency; Hoplikeabunny childrens shop; Jackson Stops. View location map.

Description & Accommodation

This self-contained, air conditioned shop and basement has been superbly refurbished and rearranged to provde bright open spaces perfect for studio/showroom/gallery uses, comprising a double height entrance area leading to main lower ground floor sales area, with a rear terrace, and a mezzanine office area above, providing the following approximate floor areas:-

Double Height Entrance 45 sq ft 4.2 sq m
Main sales area 400 sq ft 37.2 sq m
Mezzanine studio office 155 sq ft 14.4 sq m
Total 600 sq ft 55.8 sq m

Amenities

Air conditioning | Shower | Oak flooring | WC | Terrace | Kitchenette

Rent

£55,000 per annum exclusive, payable quarterly in advance, subject to five yearly upward only reviews.

Lease

Either: A new effectively full repairing and insuring lease is available for a term of 10 years to be taken inside the Landlord & Tenant Act 1954
OR: A new shorter term internal repairing lease for up to five years outside the 1954 Act.

Common Expenses

For the longer term lease the tenant will contribute a reasonable share of the cost of maintaining and insuring the building structure; for the short-term option a contribution to insurance only.

Legal Costs

Each party to bear their own.

Energy Performance Certificate

Current EPC Rating 112 Band E –further information on request.

Business Rates

The local authority has verbally informed us that the rateable value for the premises is £24,750 and the rates payable for the current year ending 31/03/20 are £12,152 however it is understood that 50% retail relief will apply from April 20. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 0207 361 2828.

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.

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JMW Barnard LLP registered office: North Lodge, Brockham Green, Betchworth, Surrey, RH3 7JS - Registered in England Number: OC314826
JMW Barnard Management Ltd registered office: 2 Jardine House, Bessborough Rd, Harrow, Middlesex, HA1 3EX - Registered in England & Wales Number: 04407956