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Class E Shop and Basement To Let, Bayswater, W2

Bayswater W2 close to Queensway and Westbourne Grove

Ground floor and basement, 79 Bishops Bridge Road, Bayswater, London W2

Under Offer
>Class E Shop and Basement To Let, 1,417 sq ft (132 sq m), Ground floor and basement, 79 Bishops Bridge Road, Bayswater, London W2

Situation & Location

The property is situated on the the southern side of Bishops Bridge Road, close to the junctions with Queensway and Westbourne Grove. Other businesses operating close by include Sainsburys Local, Leyland Paints and KFH Estate Agents.

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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 16ft (narrows to 13’3”) 4.9 m
Shop Depth 39 ft 11.9m
Ground floor sales 591 sq ft 54.9 sq m
Mezzanine 254 sq ft 23.6 sq m
Basement storage 519 sq ft 48.2 sq m
Vaults 53 sq ft 4.9 sq m

Rent

£38,500 per annum exclusive, payable quarterly in advance, subject to five yearly upward only reviews to market level.

Lease

A new lease is available for a term of 10 years 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.

EPC

Energy Performance Rating 85 (Band D) Copy report and recommendations available on request.

Business Rates

The rateable value for the premises is £34,250 and the rates payable for the coming year ending 31/03/23 would be £17,091 or £8,545 after 50% covid discount for qualifying businesses- Interest parties should confirm position with local authority City of Westminster 0208 -315-2050.

VAT

Will not apply.

Possession

From July 2022.

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