Retail Unit to Let Close to Portobello Road, Notting Hill, W11
11 Blenheim Crescent, Notting Hill, London, W11
Situation & Location
The property is situated on the northern side of Blenheim Crescent, between the junctions with Portobello Road and Kensington Park Road . Other businesses located in this section of the road include the famous Notting Hill Bookshop, E&O, Ceramica Blue, and Honeyjam. View location map.
Description & Accommodation
The property comprises a self contained ground floor retail unit providing the following approximate floor areas:-
| Ground floor sales | 542 sq ft | 50.4 sq m |
| Ground floor storage/kitchen | 88 sq ft | 8.2 sq m |
| Total | 630 sq ft | 58.2 sq m |
Terms
A new effectively full repairing and insuring lease is available for a term of 10 years at an initial rent of £45,000 per annum exclusive, subject to five yearly upward-only rent reviews.
Alternatively a short term lease may be available, to be excluded from the security of tenure and compensation provisions of the Landlord & Tenant Act 1954.
Energy Performance Certificate
An EPC has been commssioned and is available on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £26,500 and the rates payable for the current year ending 31/03/14 are £12,481.50. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
VAT
Will not apply.
Possession
Immediate upon completion of legal formalities.
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.
