A prominent retail premises occupying the ground floor of a 2 storey, mixed-use, Victorian terraced building. The fully glazed frontage leads to an open plan retail area which is currently being opened up to incorporate the rear kitchen, storeroom and walk-in freezer. Additionally there is a W/C to the rear portion of the unit.
The building is currently being developed and retro-fitted, with the shop to be delivered in white box condition. New layout and delivery time frame available on application.
Location
The premises are situated in a parade of shops on the south / westerly side of Portobello Road, in between the junctions with Golborne Mews and Chesterton Road. Other local businesses include, Ace & Tate, Cubitts, Found & Vision, Rove London, Speciale Clothing, Floral Studio, Swanky Portobello, Trove Home Furniture Shop, Sarah Hammond Interiors, 88 Antiques, Le Labo Perfume Store, Of The Bea, Sharp & Flask, Lisboa Patisserie, Falafel King, Lowry & Baker, Golborne Deli, Layla Bakery, Klear Labs, Straker’s Modern European, Caia Modern European and Cacciari’s Portobello Italian. Public Transport is accessed via Ladbroke Grove (Buses & Hammersmith & City line).
Accommodation
Ground Floor - 762 sq ft (70.79 sq m)
Terms
LEASE TERMS: A new FRI Lease to be granted outside the Landlord & Tenant Act 1954 for a term to be negotiated.
RENT: £60,000.00
SERVICE CHARGE: TBC
RATES:
Rateable Value: £23,500 per annum
Rates Payable: £11,726.50 per annum
NB - We strongly recommend that you verify the rates with the Royal Borough of Kensington & Chelsea's Business Rates Department on 0207 361 2828.
POSSESSION: Full vacant possession immediately on completion of legal formalities
LEGAL COSTS: Each party to be responsible for their own legal costs.
VAT: Not elected for VAT
EPC: Available upon request.
Specification
- Prominant glazed frontage
- Good ceiling height
- White box finish delivery
- 3 phase power
- Smoke alarms & emergency lighting