Freehold Shop/Showroom For Sale, Notting Hill/Bayswater
106 Chepstow Road, Notting Hill/Bayswater, London, W2
Situation & Location
The property is situated on the eastern side of Chepstow Road, close to the junction with Westbourne Park Road. Other business located in the immediate vicinity include the adjacent, acclaimed Marianne restaurant, and the Prince Bonaparte. Westbourne Park and Royal Oak underground stations (Circle, Hammersmith and City Lines) are within easy reach. View location map.
Description & Accommodation
The property comprises a self contained ground floor and basement retail unit with three flats above (which are sold on long leases), providing the following approximate net useable floor areas:-
| Ground floor sales: | 740 sq ft | 69 sq m |
| Basement storage | 264 sq ft | 24.5sq m (severely restricted head height) |
| Total | 1,004 sq ft | 93.5 sq m |
Shop depth 37'6" 11.4 m; internal width 14'10" 4.5 m widening to 17'9" 5.4 m Floorplan available on request>
Amenities
WC | good natural light with rooflights to rear | recessed spotlights
Terms
The freehold interest is offered with full vacant possession of the shop & basement, and subject to three long leases for the upper flats with 89 years unexpired at a current total ground rent of £150 pa.
Price
£695,000 subject to contract.
Legal Costs
Each party to bear their own.
Energy Performance Certificate
EPC rating 80 - Band D copy EPC and recommendations on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £19,500 and the rates payable for the current year ending 31/03/17 are £9,691. Interested parties should make their own enquiries and confirm: - City of Westminster business rates department 020 8315 2050.
VAT
Will not apply.
Possession
Immediate upon completion of legal formalities.
Contact
Jeremy Barnard
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@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.
