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Double Fronted Retail Premises, 16-18 Chepstow Road, Westminster, W2 5BD

3,255 Sq Ft / Retail / General Retail

To Let - £120,000.00 per annum

Available - Last updated: 03 June 2024

A double fronted retail premises, occupying the ground floor and basement of a 2 storey, mixed-use Victorian terraced building.

The double frontage comprises twin three-quarter glazed bi-fold doors which lead to a split level, open plan retail area, fitted with shelving. To the rear is a lower-level open plan retail area benefiting from skylights and fitted with shelving and refrigeration units. The basement is arranged as a stockroom with an ancillary office, kitchenette, W/C and 5 tanked vaults. The premises has tiled floors throughout and is fitted with recessed strip lighting, CCTV and a server unit. Generally good order throughout.

Location

The premises are situated on the easterly side of the Chepstow Road adjacent to the junction with Artesian Road and occupy a central position in a parade of local high street shops.

Other local businesses include Farmacy, Granger & Co, Sushi Shop, Sunday in Brooklyn, Beam Cafe, Jusu Brothers, Taqueria, Sumi, Franco Manca, Space NK, Joe & The Juice, Costa Coffee, Gustav Fouche, Aveda, Planet Organic and Sainsbury’s Local. Public transport is accessed via Notting Hill Gate (Central line) and Royal Oak Tube Station (Hammersmith & City line).

Accommodation

Ground Floor - 1,947.00 sq ft (180.88 sq m)

Lower Ground Floor - 1,308.00 sq ft (121.52 sq m)

TOTAL - 3,255.00FT² 302.40M²

Terms

RENT: £120,000.00 per annum exclusive

SERVICE CHARGE: TBC

RATES:

Rateable Value £47.250 per annum
Rates Payable £23,577.75 per annum

NB - We strongly recommend that you verify the rates with Westminster Council's Business Rates Department on 0203 772 2602

LEGAL COSTS: Each party to be responsible for their own legal costs.

VAT: The premises is elected for VAT

EPC: Available upon request.

POSSESSION: Full vacant possession immediately on completion of legal formalities.

Specification

  • Double frontage with twin bi-fold doors
  • x2 open plan retail area
  • Storeroom & power for refrigeration
  • Private office & kitchen
  • W/C
  • x5 tanked vaults
  • Mains linked smoke alarm
  • CCTV

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £120,000.00 per annum

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Agency Team

Knight Commercial London

020 3369 0656

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