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Shop & Basement To Let, Notting Hill, W11

Ground floor & basement, 305 Westbourne Grove, Notting Hill, London, W11

Under Offer
Shop & Basement To Let, Ground floor & basement, 305 Westbourne Grove, Notting Hill, London, W11

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Situation & Location

The property is situated on the the south side of Westbourne Grove, between the junctions with Kensington Park Road and Portobello Road . Other retailers located in the block include the Nottting Hill Fish Shop and various leading estate agents; All Saints and Paul Smith are 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 14’ 7” 4.44 m
Shop Depth 30’ 9” 9.4 m
Ground floor sales 408 sq ft 38 sq m
Basement sales / ancillary 373 sq ft 35 sq m
Kitchen 39 sq ft 3.6 sq m

Rent

£39,500 per annum exclusive.

Lease

A new effectively full repairing and insuring lease is available for a term of 10 years, with five yearly rent reviews; alternatively shorter term, flexible leasing arrangements will be considered, to be taken outside the security of tenure and compensation provisions of the Landlord & Tenant Act 1954.

Common Expenses

Tenant will bear a fair proportion of the cost of maintaining and insuring building structure.

Legal Costs

Each party to bear their own.

Energy Performance Certificate

EPC rating 70 Band C copy report and recommendations available on request.

Business Rates

The local authority has verbally informed us that the rateable value for the premises is £62,500 and the rates payable for the current year ending 31/03/21 would normally be £32,000 however the property currently benefits from 100% covid retail relief so no business rates to pay until April 2021. 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