A3 Restaurant to Let No Premium, Notting Hill, W11
123a Clarendon Road, Notting Hill, London, W11
Situation & Location
The property is located in a residential area at the northern end of Clarendon Road at its junction Portland Road. Clarendon Road runs north from Holland Park Avenue into Notting Hill and thus lies close to one of London's most affluent residential districts. View location map.
Description & Accommodation
The property comprises a self contained restaurant arranged over basement, ground and first floors, and two floors of residential above, with separate access, which are in separate ownership.
Externally the property has the benefit of a first floor terrace at the front of the building which is used for dining (weather permitting).
| Basement ancillary areas: | 761 sq ft | |
| Ground floor dining area: | 805 sq ft | |
| Ground floor kitchen and ancillary area: | 398 sq ft | |
| First floor dining area: | 383 sq ft | |
| First floor ancillary area: | 193 sq ft | |
| Total | 2,540 sq ft | |
| Externally - Terrace: | 422.47 sq ft |
Terms
A new effectively full repairing and insuring lease is available for a term 15 years at an initial rent of £95,000 per annum exclusive, subject to five yearly upward-only rent reviews.
Energy Performance Certificate
An EPC has been commissioned - copy available on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £72,000 and the rates payable for the current year ending31/03/14 are £35,352. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
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.
