First Floor Studio Office to Let in Attractive Courtyard, Notting Hill Gate, W11
11 Pembridge Studios, 27a Pembridge Villas, London W11
Situation & Location
The property is located on the eastern side of Pembridge Villas opposite the junction with Chepstow Crescent and thus lies close to Notting Hill Gate with its excellent transport connections (Central, Circle, District Lines) and other amenities. Portobello Road and Westbourne Grove are close by. Other occupiers within Pembridge Studios include Linde Werdelin watches; architects; designers and investment companies. View property map.
Description & Accommodation
Unit 11 comprises an open plan loft style studio office with excellent natural light throughout, hardwood flooring, part air- conditioned, a balcony, central heating, W.C and a kitchenette with an approximate area of 660 sq ft (61 sq m).
Rent
£35,000 per annum exclusive, payable quarterly in advance, subject to five yearly upward only review.
Lease
A new full repairing and insuring lease is available for a term of up to five years, to be taken outside the security and tenure and compensation provisions of the Landlord & Tenant Act 1954. Alternatively a longer lease may be available, to include provision for periodic rent reviews.
Service Charge
A service charge is levied to cover maintenance, repairs to the building structure and other common expenses: currently £6,621 p.a.
Legal Costs
Each party to bear their own.
Energy Performance Certificate
An EPC has been prepared and a copy is available on request,with recommendations:
Rating 135 (Band F)
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £20,500 and the rates payable for the current year ending 31/03/15 are £9,660. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
VAT
The property is VAT opted and VAT will be payable in addition.
Possession
Immediate upon completion of legal formalities.
Contact
Jeremy Barnard or Alan Bateman
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@jmwbarnard.com
Email: ab@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.
