Property Information
Address:
5 Ladbroke Road London W11
, W11
Price: Property no longer available.
Size: SOA
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH409132
Property Ref/Agent: 5 Ladbroke Road London W11
*Please use the agent ref when calling the agent directly.
Property description
Property Overview
A1 Shop and Basement with Potential for A3 Use and Large Front Terrace To Let
Overview
To LetThe premises comprises a ground floor shop with substantial basement storage and a large external forecourt/terrace, which subject to the appropriate consent could potentially be used for external seating (as it was, several years ago). The property has most recently been used as a food and wine shop, although we understand that a planning consent was granted in 1993 for the use of the premises as A3 which has now lapsed and would have to be re-established if A3 Use were to be guaranteed for any longer than two years.
Location
The premises are situated within a minute’s walk of Notting Hill Gate, in a superb location adjacent to the junction of Kensington Park Road, Ladbroke Road and Pembridge Road, W11. The property is therefore clearly visible to the huge volume of tourists visiting the area and especially Portobello Road via Notting Hill Gate Underground Station.
Accommodation
Ground Floor434 sq ftBasement695 sq ftOverall Area: 1129 sq ft sq ft
Tenure
Leasehold£ 65000 per annum
Lease Terms
A new full repairing and insuring lease for a term by arrangement subject to regular upwadr only rent reviews.
Planning
Currently A1 although A3 use was granted in 1991 which has subsequently lapsed. It may be possible to use the premises as A3 for up to 2 years subject to notifying the Planning Dept.
Rateable Value
£16,750 (April 15-16)
Rates Payable
£8257.75
We strongly advise that you verify these figures with RBKC We strongly recommend you verify the above figures with the RBKC City Council Business Rates Department
Possession
Full vacant possession immediate upon completion of legal formalities
Legal Costs
Each party is to bear their own legal costs
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