Shop & Basement to Let, Notting Hill, W11
Currently fitted for beauty treatment with air conditioning
Ground Floor & Basement, 102 Ladbroke Grove, Notting Hill, London, W11
Situation & Location
The property is situated on the eastern side of Ladbroke Grove, close to the junction with Westbourne Park Road. Other retailers located nearby include Barclays Bank, Paddy Power, Café Nero, Pret and Sainsburys. Ladbroke Grove Underground (Circle, Hammersmith & City Lines) is close by, as is Portobello Market. View location map.
Description & Accommodation
The property comprises a self-contained ground floor and basement retail unit, current trading a as a specialist beauty treatment centre (floorplans available on request) with WC, and will provide the following approximate dimensions & floor areas:-
| Internal Width | 18’9” | 5.71 m |
| Shop Depth | 34’6” | 10.51 m |
| Ground floor sales | 646 sq ft | 60 sq m |
| Basement (arranged as WC, two private treatment rooms and office) | 527 sq ft | 49 sq m |
| Total | 1,173 sq ft | 109 sq m |
Terms
A new effectively full repairing and insuring lease is available for a term of 10 years at an initial rent of £40,000 per annum exclusive, subject to five yearly upward-only rent reviews.
Energy Performance Certificate
Current rating 92 (Band D).
Business Rates
The rateable value for the premises is £37,000 and the rates payable for the current year ending 31/03/21 would normally be £9,250 after 50% retail relief, 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 020 7361 2828.
VAT
Rent and other charges will be subject to VAT in addition.
Possession
December 2020 or earlier by agreement with outgoing tenant.
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.
