Class E Shop to Let - No Premium, SW5
Ground Floor & Basement, 137 Earls Court Road, London SW5
Situation & Location
The property is situated on the the eastern side of Earls Court Road, close to the junction with Childs Place. Numerous national retail and food business are represented including Maroush (adjacent), Jollibee (opposite) and nearby Masala Zone and Franco Manca. Earls Court underground is served by the Piccadilly and District Lines.
Description & Accommodation
The property comprises a self-contained ground floor and basement retail unit providing the following approximate floor areas:-
Internal Width | 9’ 8” | 2.94 m |
Shop Depth | 58’ 7” | 17.9 m |
Ground floor sales | 504 sq ft | 47 sq m |
Basement sales plus WC | 398 sq ft | 37 sq m |
Basement kitchen | 89 sq ft | 8.3 sq m |
Rent
£39,500 per annum exclusive, payable quarterly in advance, subject to five yearly upward only reviews.
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
EPC rating 75 Band C.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £67,000 and the rates payable for the current year ending 31/03/25 are £36,582 before the current 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.