Shop & Basement To Let, Notting Hill, W11
15b Blenheim Crescent, Notting Hill, London W11
Situation & Location
The property is situated on the the southern side of Blenheim Crescent, between the junctions with Kensington Park Road and Portobello Road. Other retailers located in the block include The Travel Book Shop and Doughnut Time, also Tonkotsu Restaurant and E&O (opposite). View location map.
Description & Accommodation
The property comprises a self-contained ground floor and basement retail unit providing the following approximate floor areas:-
| Internal Width | 11’ 2” | 3.4 m |
| Shop Depth | 16’ | 4.9 m |
| Gross Frontage | 12’ 6” | 3.8 m |
| Net Frontage | 10’ 11” | 3.3 m |
| Ground floor sales | 162 sq ft | 15 sq m |
| Basement sales (Ceiling height 8’1” 2.46 m) | 139 sq ft | 12.9 sq m |
| Basement office/storage | 36 sq ft | 3.3 sq m |
| Basement kitchen | 27 sq ft | 8.2 sq m |
Rent
£29,500 per annum exclusive, payable quarterly in advance, subject to five yearly upward only review (for long lease).
Lease
A new effectively full repairing and insuring lease is available for a term of 10 years; or alternatively a shorter term/flexible lease is available, to be taken outside the provisions of the Landlord & Tenant Act 1954.
Common Expenses
For long leae tenant will bear a fair proportion of the cost of maintaining 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 87 Band D copy report and recommendations available on request.
Business Rates
The property has a rateable value of £25,500 pa and should qualify for 100% retail relief until 31 March 21 at the earliest. 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
July 2020 onwards.
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.
