Shop & Basement to Let, Notting Hill, London, W10
309 Portobello Road, Notting Hill, London, W10
Situation & Location
The property is prominently situated on the western side of Portobello Road, at the junction with Oxford Gardens, and thus benefits from the local and tourist trade on this world famous street. The market tent (weekends) and Portobello Green shopping arcade are close by. Please see attached street traders plan. View map - shop to let, Notting Hill.
Description & Accommodation
The property comprises a self contained ground floor and basement retail unit providing the following approximate floor areas:-
| Ground floor sales | 837 sq ft | 77.7 sq m |
| Basement Storage/Office | 456 sq ft | 42.4sq m |
| Total | 1293 sq ft | 120 sq m |
Terms
A new effectively full repairing and insuring lease is available for a term of 10 years of at an initial rent of £39,500 per annum exclusive, subject to five yearly upward-only rent reviews.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £26,000 and the rates payable for the current year ending 31/03/13 are £11,908. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
Possession
December 2012.
Contact
Jeremy Barnard or Alan Bateman
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@jmwbarnard.com
Email: ab@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.
