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Shop & Basement to Let - Notting Hill, W11

15b Blenheim Crescent, Notting Hill, London, W11

Lease Sold - August 2014
Shop & Basement to Let, 15b Blenheim Crescent, Notting Hill, W11

Situation & Location

The property is situated on the southern side of Blenheim Crescent, which connects Portobello Road with Kensington Park Road, opposite E&O restaurant/bar. Other retailers located nearby include The Biscuiteers, Provenance Butchers, The West Village and Ceramica Blue. View location map.

Description & Accommodation

The premises comprise a ground floor shop and basement sales/store area.

Shop depth 16'1" 4.9 m
Internal width 12'2" 3.7 m
Ground floor sales area 189.2 sq ft 17.6 sq m
Basement 184.1 sq ft 17.1 sq m
Total 373.3 sq ft 34.7 sq m

Terms

An assignment of our clients leasehold interest, expiring 31.7.2020 with a tenant break option 30.9.16, at a current rent of £32,000 per annum, subject to review 1.8.2016. A premium of £12,000 is sought for this leasehold interest, which may be payable in instalments.

Alternatively a short term underlease is available, to expire before September 2016, at a rent of £32,000 per annum. This lease will be outside the Landlord & Tenant Act 1954.

Energy Performance Certificate

Copy EPC and recommendations available on request. EPC rating 87 - Band D.

Business Rates

The local authority has verbally informed us that the rateable value for the premises is £17,000 and the rates payable for the current year ending 31/03/15 are £8,007. 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.

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JMW Barnard LLP registered office: North Lodge, Brockham Green, Betchworth, Surrey, RH3 7JS - Registered in England Number: OC314826
JMW Barnard Management Ltd registered office: 2 Jardine House, Bessborough Rd, Harrow, Middlesex, HA1 3EX - Registered in England & Wales Number: 04407956