The premises (Use Class E) occupies the ground floor of a 2 storey, mixed-use, Victorian corner building. The fully glazed return frontage has a central door, which leads to an open plan retail area and W/C to the rear.
The premises is currently fitted for the purpose of retailing rugs.
Location
The premises are situated at the end of a parade of shops and uppers, on the easterly side of Portobello Road at the junction with Bonchurch Road. Other local businesses include, Ace & Tate, Cubitts, Found & Vision, Rove London, Magpie Vintage, Floral Studio, Swanky Portobello, Trove Home Furniture Shop, Sarah Hammond Interiors, 88 Antiques, Le Labo Perfume Store, Of The Bea, Sharp & Flask, Layla Bakery, Lisboa Patisserie, Falafel King, Lowry & Baker, Bluebelles of Portobello, Golborne Deli, 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 - 420.00 sq ft (39.02 sq m)
Terms
LEASE TERMS: To take assignment of the current FRI Lease granted outside the Landlord & Tenant Act 1954 for a term of 10 years, Lease terminating on 05th September 2028.
RENT: £32,000.00
SERVICE CHARGE: On application.
RATES:
Rateable Value: £18,000 per annum
Rates Payable: £8,982 per annum
NB - We strongly recommend that you verify the rates with the Royal Borough of Kensington'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 elevted for VAT.
EPC: Available upon request.
Specification
- Fully glazed return fronatge
- Good ceiling height
- Wood flooring
- Strip lighting
- W/C