Two Adjoining Shops with Basements to Let, Notting Hill Gate, W8
Available to Let Separately or as One Unit
192-194 Campden Hill Road, Notting Hill Gate, London W8
Situation & Location
The property is situated on the the eastern side of Campden Hill Road, close to the junction with Notting Hill Gate. Notting Hill Underground (Circle, Central, District Lines) is close by. Other retailers located in the block include Sinai Antiques, Bullogi Korean Restaurant and One Click Dry Cleaners. Majestic Wine, Leyland Paints and Pizza Exress are nearby.Please see Goad traders plan.
Description & Accommodation
The property comprises two adjacent retail units with basements, currently interlinked at both levels, providing the following approximate floor areas:-
| 192 Campden Hill Road (right hand shop) | ||
| Internal Width | 13’ 4” m | |
| Shop Depth | 37.’ ” m | |
| Ground floor sales | 528sq ft | 49sq m |
| Basement sales/ storage | 519 sq ft | 48 sq m |
| 194 Campden Hill Road (left hand shop) | ||
| Internal Width | 16’ 2” | 5.1 m |
| Shop Depth | 29’ | 8.8 m |
| Ground floor sales | 473 sq ft | 44 sq m |
| Basement sales/ storage | 459 sq ft | 43 sq m |
Rents
192 Campden Hill Road, £25,000 per annum exclusive.
194 Campden Hill Road £25,000 per annum exclusive.
For the combined units £48,000 per annum.
All payable quarterly in advance, subject to five yearly upward only reviews.
Lease
A new lease is available for a term of up to 10 years, to be taken inside 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 legal costs in connection with the grant of the lease.
Energy Performance Certificate
In preparation - copy report and recommendations available on request.
Business Rates
If the units are to be let separately then the assessment will be split and the individual units should benefit from small business relief. The rateable value for the combined premises is currently £67,500 and the rates payable for the current year ending 31/03/21 are £34,560 however qualifying retail uses should receive 100% Covid relief until April 2021 at the earliest. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 0207-361 2828.
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.
