Class E Retail / Showroom / Office To Let, Notting Hill, W2
Ground floor & basement, 17 Chepstow Corner, Pembridge Villas, Notting Hill, London W2
Situation & Location
The property is situated on the southern side of Pembridge Villas, close to the junction with Chepstow Place. Other retailers located in the block include Farrow & Ball.
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Description & Accommodation
The property comprises a self-contained ground floor and basement Class E unit with high ceiling and exceptional natural light from front and rear, providing the following approximate floor areas:-
| Internal Width | 6.12 m | 17.6 m |
| Ground floor sales | 1,025 sq ft | 95.25 sq m |
| Basement sales | 856 sq ft | 79.56 sq m |
| Basement ancillary | 193 sq ft | 17.98 sq m |
Rent
£80,000 per annum exclusive, payable quarterly in advance, subject to five yearly upward only reviews.
Lease
A new lease is available for a term of up to fifteen years, to be taken inside the Landlord & Tenant Act 1954.
Common Expenses
Tenant will bear a fair proportion of the cost of maintaining and insuring building.
EPC
EPC rating 79 Band D.
Business Rates
The rateable value for the premises is £57,000 and the rates payable for the current year ending 31/03/25 are £31,122 before 40% retail relief for qualifying business. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 7361 2828.
VAT
Will not apply.
Legal Expenses
Each party to bear their own.
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.
