LEASE FOR SALE

The premises are arranged over Ground and Basement and provide the following approximate internal floor areas: Tenure The premises are available by way of assignment of an existing 10 year full repairing and insuring lease expiring on 13th January 2021. The Lease is contracted inside the Security of Tenure and Compensation provisions of the Landlord & Tenant Act 1954. Rent £210,000 per annum exclusive Incentives Incentives are available, subject to covenant status. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £196,000 and the rates payable are £100,548. The UBR for 2018/2019 is 51.3p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The property is located in the heart of Notting Hill, one of London's prestigious postcodes.  The premises are prominently situated on the highly sought-after Westbourne Grove.  Notting Hill offers a long-established area of unique, boutique retailers, quality restaurants and is celebrated particularly for fashion retailing. Retailers in the vicinity include Sandro, Bimba y Lola, Jigsaw, Sweaty Betty, Melissa Odabsh, Club Monaco, Diptyque and Vanessa Seward.

Sizes and Measurements

Total Size

2,098sqft

Sales Area

1,140sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,140sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

958sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

13/01/2021

Lease type

Assignment

For rent

£210,000/pa

UBR

51.3p

Ratable Value

£196,000.00

Business Rates

£100,548/pa

Floorplan

Photos

Map Data
Map data ©2018 Google
Map DataMap data ©2018 Google
Map data ©2018 Google
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