Prominent Shop To Let, Notting Hill, W11
Ground Floor, 267 Portobello Road, Notting Hill, London W11
Situation & Location
The property is situated on the western side of Portobello Road, close the junction with Lancaster Road and benefits from high tourist and local footfall. Other retailers located in the immediate proximity include Jovonna, Pepper Tree Vintage as well as Portobello institutions Garcia’s Deli, and The Grain Shop (Portobello Health Foods).
Description & Accommodation
The property comprises a self-contained ground floor retail unit providing the following approximate floor areas:-
Ground floor sales | 909 sq ft | 31.6 sq m plus WC.
Rear area currently arranged as a number of treatment rooms.
Rent
£52,500 per annum exclusive, payable quarterly in advance, subject to five yearly upward only review.
Lease
A new effectively full repairing and insuring lease is available for a term of 10 years.
Common Expenses
Lessee to meet fair share of cost of maintaining and insuring building structure.
Legal Costs
Each party to bear their own.
EPC
In preparation.
Business Rates
The rateable value for the premises is is £40,500 and the rates payable for the year ending 31/03/25 would be £20,209 although qualifying business will benefit from 75% discount until April 25 at the earliest. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 7361 2828.
VAT
The property is not currently VAT opted.
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.
