Freehold Retail Investment with Vacant Upper Parts, Notting Hill Gate W11
Retail let to Dexters London – upper floors offices and flat
121 Notting Hill Gate, London W11
Situation & Location
The property is situated on the southern side of Notting Hill Gate, close to the junction with Campden Hill Road. Other retailers located in the terrace include John D Wood and Pizza Express, with Tesco Express, McDonalds, Waitrose and Marks & Spencer opposite. Please see Goad traders plan below. Notting Hill Gate Underground (Circle, District, Central Lines) is close by, as are Portobello Market and Kensington Gardens.
Description & Accommodation
The property comprises a self-contained shop and basement, with offices on first and second floors above, and a one-bedroom flat on the third floor. The upper parts has a gross internal area of approximately 1,670 sq ft 155.2 sq m.
The accommodation is as follows – please also see floorplans below:-
| Shop & Basement | ||
| Ground floor sales (379.5 units ITZA) | 488 sq ft | 45.3 sq m |
| Basement Ancillary | 294 sq ft | 27.3 sq m |
| Basement Store | 227 sq ft | 21.1 sq m |
| Offices | ||
| Ground floor sales (379.5 units ITZA) | 488 sq ft | 45.3 sq m |
| First Floor (Two Offices) - net internal | 421 sq ft | 39.1 sq m |
| Second Floor (Two Offices) - net internal | 421 sq ft | 39.1 sq m |
| Total offices | 842 sq ft | 78.2 sq m |
| Third Foor Flat | ||
| Kitchen; Reception Room; Bedroom; Bathroom & WC approx - gross internal | 461 sq ft | 42.8 sq m |
Tenancy
The ground floor and basement is let from 18th May 2026 to Dexters London Ltd on an FRI lease with a term of five years (inside the Act) with a tenant option to break at the end of the third year, on six month’s notice, at a rent of £52,500 per annum.
Dexters London Ltd is a leading estate agency group. Most recently published results stated a turnover of £221 million and an operating profit of £47 million.
The upper floors are offered with the benefit of full vacant possession.
Tenure
Freehold.
Guide Price
£1,750,000.
EPC
The Energy Performance Ratings are as follow:- Shop & Basement 70 (C); First Floor Office 66 (C); Second Floor Office 85 (D); Third Floor Flat 40 (E).
VAT
The property is not VAT opted.
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.
