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Shop & Basement to Let, Notting Hill Gate, W11

Ground Floor & Basement, 34 Pembridge Road, Notting Hill Gate, London W11

>Shop & Basement to Let, Ground Floor sales 57 sq m,  Basement 63 sq m, 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.

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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.

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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