Shop / Studio / Office for Sale, Notting Hill, W11
Ground floor & Basement, 24 Powis Terrace, Notting Hill, London W11
Situation & Location
The property is located on the western side of Powis Terrace. Powis Terrace runs between Talbot Road and Westbourne Park Road and thus lies at the heart of Notting Hill with Ledbury Road, Portobello Road and Westbourne Grove nearby. Westbourne Park Underground (Circle, Hamm & City Lines) is within easy walking distance and Notting Hill Gate (Central, Circle, District Lines) is also within reach.
Description & Accommodation
The property is a self contained ground floor and basement studio/showroom comprising a ground floor of 10.4 sq m 112 sq ft; basement 20.3 sq m 218 sq ft; vaults storage of 5.3 sq m 57 sq ft.
Amenities
WC | Electric Roller Shutter | Kitchenette | WC
Terms
Offers are invited for a new 999 year lease at a peppercorn rent, with share of freehold.
Guide Price
£380,000.
Business Rates
The rateable value for the premises with effect from April 26 will be £27,500 and the rates payable for qualifying retail businesses for the year ending 31/03/27 would be £10,505 Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8361 2828.
VAT
The property is not VAT opted.
EPC
An E.P.C has been prepared and is available on request: Energy Performance Asset Rating 83 (Band D).
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.
