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Situation & Location The property is situated at the junction of Courtnell Street and Artesian Road, close to Ledbury Road and Westbourne Grove. It thus lies close to Notting Hill’s most fashionable retail and leisure district but set in an affordable neighbourhood location. Nearby businesses include the Matches Fashion and Ottolenghi. Please see location plan below Description & Accommodation The property comprises a self-contained ground floor and basement retail unit providing the following approximate floor areas:- Ground floor sales 355 sq ft 33 sq m Ground floor kitchen 46 sq ft 4.4 sq m Basement sales 419 sq ft 39 sq m arranged as three treatment rooms Basement storage 25 sq ft 2.3 sq m Amenities: Kitchen; Shower; WC Rent £35,000 per annum exclusive, payable quarterly in advance, subject to five yearly upward only review. Lease A new lease for a term to be agreed Common Expenses Tenant will bear a fair proportion of the cost of maintaining and insuring building structure. Legal Costs Each party to bear their own Energy Performance Certificate In preparation Business Rates The rateable value for the premises is £35,321 and the rates payable for the current year ending 31/03/21 would normally have been £9,000 after 50% retail relief, however the property currently benefits from 100% covid retail relief so no business rates to pay until April 2021. Interested parties should make their own enquiries and confirm: - City of Westminster VAT The property is not currently VAT opted Possession Immediate upon completion of legal formalities
For more information about this property, please contact JMW Barnard, W8 on +44 20 8128 9652 * (local rate)
Contact JMW Barnard about this property
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