Shop & Basement to Let - Notting Hill, W11
15b Blenheim Crescent, Notting Hill, London, W11
Situation & Location
The property is situated on the southern side of Blenheim Crescent, which connects Portobello Road with Kensington Park Road, opposite E&O restaurant/bar. Other retailers located nearby include The Biscuiteers, Provenance Butchers, The West Village and Ceramica Blue. View location map.
Description & Accommodation
The premises comprise a ground floor shop and basement sales/store area.
| Shop depth | 16'1" | 4.9 m |
| Internal width | 12'2" | 3.7 m |
| Ground floor sales area | 189.2 sq ft | 17.6 sq m |
| Basement | 184.1 sq ft | 17.1 sq m |
| Total | 373.3 sq ft | 34.7 sq m |
Terms
An assignment of our clients leasehold interest, expiring 31.7.2020 with a tenant break option 30.9.16, at a current rent of £32,000 per annum, subject to review 1.8.2016. A premium of £12,000 is sought for this leasehold interest, which may be payable in instalments.
Alternatively a short term underlease is available, to expire before September 2016, at a rent of £32,000 per annum. This lease will be outside the Landlord & Tenant Act 1954.
Energy Performance Certificate
Copy EPC and recommendations available on request. EPC rating 87 - Band D.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £17,000 and the rates payable for the current year ending 31/03/15 are £8,007. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
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.
