Shop & Basement to Let, Notting Hill, W11
On main tourist route to Portobello market
45 Pembridge Road, Notting Hill, London W11
Situation & Location
The property is situated on the western side of Pembridge Road, close to the junction with Portobello Road. Pembridge Road carries the heavy tourist footfall from Notting Hill Gate up to Portobello Market. Other retailers located in the block include Atis, Cheeky Scone, Appletree and Paris Baguette.
Description & Accommodation
The property comprises a ground floor and basement retail unit having the following approximate dimensions and floor areas:-
| Internal Width | 12’8” | |
| Shop Depth | 33’4” | |
| Ground floor sales | 349 sq ft | 32.4 sq m |
| Basement sales | 300 sq ft | 27.9 sq m |
Rent
£90,000 p.a.x. payable quarterly in advance, subject to upward only review at the end of the fifth year.
Lease
A new lease is available for 10 years, to be taken outside the Landlord & Tenant Act 1954, with a mutual break option at the fifth year.
Service Charge
A fixed contribution towards maintenance of building structure of £2,500 pa plus share of building insurance costs.
Business Rates
The rateable value for the premises is £50,500 and the rates payable for the year ending 31/03/27 are £19,291 pa for qualified RLH businesses. Interested parties should make their own enquiries and confirm: https://www.rbkc.gov.uk/business-and-enterprise/businessrates/contact-business-rates-team
EPC
55 – Band C.
Legal Costs
Each party to bear their own.
VAT
Not currently opted.
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.
