Shop & Basement to Let - Notting Hill, W11
14 Needham Road, Notting Hill, London, W11
Situation & Location
The property is located in a small parade of shops on the eastern side of Needham Road, which runs between Westbourne Grove and Artesian Road. It thus lies in one of London's most affluent and fashionable districts. View location map.
Description & Accommodation
The property comprises a self contained ground floor and basement retail unit providing the following approximate floor areas:-
| Ground floor sales | 229 sq ft | 21.3 sq m |
| Basement office workroom | 309 sq ft | 28.7 sq m |
| Basement Vaults Storage | 49 sq ft | 4.5 sq m |
| Basement Kitchen | 30 sq ft | 2.8 sq m |
Externally: Rear Garden
Terms
A new effectively full repairing and insuring lease is available for a term of Ten Years at an initial rent of £30,000 per annum exclusive, payable quarterly in advance, subject to upward only review to market level at the end of the fifth year.
Energy Performance Certificate
An EPC is being prepared - copy EPC and recommendations available on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £15,250and the rates payable for the current year ending31/03/15 are £7,182.75. Interested parties should make their own enquiries and confirm: - City of Westminster business rates department 020 8315 2050.
VAT
Will not apply.
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.
