Shop to Let, Portobello Road, London W10
341 Portobello Road, London W10
Situation & Location
The property is located at the increasingly busy and popular northern end of Portobello Road close to the junction with Golborne Road. Nearby businesses include Cubitts Optical, Bluebelles Café and Lowry & Baker.
Description & Accommodation
The unit has the following approximate floor areas;-
| Shop Depth | 28’3’’ | 8.6 m |
| Shop Width | 12’7’’ | 3.8 m |
| Ground Floor Sales | 359 sq ft | 33.4 sq m |
| Ground Floor Store plus Kitchen & WC | 150 sq ft | 13.9 sq m |
| Total | 509 sq ft | 47.3 sq m |
Lease
A new internal and repairing lease will be granted for a term up to 5 years, outside the security of tenure and compensation provisions of the Landlord and Tenant Act 1954.
Rent
£25,000 per annum exclusive.
Business Rates
The rateable value is £22,750 and the rates payable for the y/e 31/03/21 would be £5,676 after 50% small retail relief, however the property currently enjoys 100% covid relief until April 21. Interested parties should confirm this – Royal Borough of Kensington and Chelsea 0208 315 2082.
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.
