Class E Shop & Basement To Let, Notting Hill Gate, W11
On main pedestrian route to Portobello Road
17 Pembridge Road, Notting Hill Gate, London W11
Situation & Location
The property is situated on the western side of Pembridge Road which at this point enjoys a heavy pedestrian flow from Notting Hill Gate underground (Circle, Central, District lines) to the Portobello Market. Other retailers located in the block include Marsh & Parsons, Arancina, Brown & Rosie, Etis and Bubbleology.
Description & Accommodation
Comprises a self-contained retail property providing the following approximate net floor areas:-
| Ground Floor Sales | 201 sq ft | 18.7 sq m |
| Basement Sales/Ancillary | 200 sq ft | 18.6 sq m |
| Basement Storage | 48 sq ft | 4.5 sq m |
| Total Sales | 449 sq ft | 41.8 sq m |
Rent
£46,000 per annum subject to five yearly upward only reviews.
Lease
A new 10 year, effectively full repairing and insuring, lease is available.
Legal Costs
Each party to bear their own.
EPC
Rating 64 (Band C).
Business Rates
The rateable value is £38,750 meaning rates payable for current year would normally be £19,336 however qualifying occupiers will benefit from 75% retail relief. 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.
