Shop & Basement to Let, Notting Hill Gate, W11
Ground Floor & Basement, 34 Pembridge Road, Notting Hill Gate, London W11
Situation & Location
The property is situated on the the eastern side of Pembridge Road, on the main track from Notting Hill Gate Underground (Central, Circle, District Lines) to Portobello Market. It thus benefits from heavy local resident and tourist footfall. Other retailers in the block include Patty & Bun, Starbucks and Foxtons.
Description & Accommodation
The property comprises a self-contained ground floor and basement retail unit providing the following approximate floor areas:-
| Internal Width | 11’9” | 2.8 m |
| Shop Depth | 38’ | 11.58 m |
| Ground floor sales | 610 sq ft | 56.7 sq m |
| Basement storage/ancillary | 680.0 sq ft | 63.2 sq m |
Lease
A new effectively full repairing and insuring lease is available for a term of 10 years.
Rent
£55,000 per annum exclusive, subject to upward only review at the end of the 5th year.
VAT
The property is not currently VAT opted.
Legal Costs
Each party to bear their own.
EPC
In preparation - copy certificate recommendations available on request.
Business Rates
The property is currently rated with an adjoining shop and will need a new assessment. Interested parties should verify rates position with local authority: - 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.
