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NEW LEASE OPPORTUNITY (A3, A4 & A5 use – pub / bar, restaurant & takeaway)

PORTOBELLO ROAD, W10

274 PORTOBELLO ROAD, , , W10 5TE

• Attractive corner unit in the heart of Notting Hill (busy commercial location) • New letting opportunity for the ground floor and basement • Gross internal area approximately 1,400 sq ft (130 sq m) • Potential for external seating to the front and side of the property (subject to necessary consents) • Nearby occupiers include Pizza East and Flat Iron • Within close proximity of Westbourne Park and • Landlord undertaking extensive building works to the whole property (details overleaf)

AVAILABLE AS A NEW LEASE SEEKING RENTAL OFFERS IN EXCESS OF £80,000 PER ANNUM SUBJECT TO CONTRACT LONL503 8 Exchange Court, , London WC2R 0JU • Tel: 020 7836 7826 • www.agg.uk.com Directors A.R. Alder BSc (Hons) FRICS • J.B. Grimes BSc(Hons) MRICS • D. Gooderham MRICS • R.A. Negus BSc MRICS • M.L. Penfold BSc (Hons) MRICS • Associate Director P.A. Themistocli BSc (Hons) MRICS

Notice AG&G for themselves and for the vendor of this property, whose agents they are given notice that 1. These particulars do not form any part of the offer or contract. 2 They are intended to give a fair description of the property. but neither AG&G nor the vendor accept responsibility for any error they may contain, however caused. Any intending purchaser must therefore satisfy himself by inspection or otherwise as to their correctness. 3 neither AG&G, nor any of their employees, has any authority to make or give any further representation or warranty in relation to this property. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

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Location The property is located on Portobello Road within the Royal Borough of & Chelsea. Portobello Road is home to the world’s largest antiques market with a world-renowned reputation as one of London’s most iconic areas. The location is home to a mix of pub / bar operators along with various restaurateurs and retailers. Nearby occupiers include multi-site restaurateurs such as Flat Iron and Pizza East interspersed with local operators including Makan Café and Goldborne Deli. The property is situated roughly equidistant between Underground Station (Circle and Hammersmith & City lines) to the north east and Ladbroke Grove (Circle and Hammersmith & City lines) to the south west.

A location plan is enclosed. Description The demise comprises the ground floor and basement of an attractive three-storey building, currently undergoing redevelopment to comprise a shell and core unit at ground floor and basement with residential accommodation above. A set of floor plans are enclosed (PDF available upon request).

Ground Floor: 648 sq ft (60 sq m) Basement: 690 sq ft (64 sq m)

NB: The floor areas set are approximate and is for guidance purposes only and no reliance should be placed on this when making any offer to purchase either expressly or impliedly and for the avoidance of doubt AG&G Chartered Surveyors will be not liable for any losses howsoever arising in law as a result of the bidder placing any reliance on such measurement. The successful bidder should state if they wish to undertake a measured survey prior to exchange of contracts to enable it to satisfy itself of the precise measurements.

Services We are advised that the property will be connected to all mains services. Licensing An application will need to be submitted for a new premises licence. Further information available upon request. Rating Assessment The property is listed within the current (2017) Rating List as a Shop and Premises with a Rateable Value of £18,750 (to be reassessed following completion). Tenure The ground floor and basement of the building is offered by way of a new full repairing and insuring lease on a free of tie basis. It is anticipated the term will be 20 years with lease terms to be negotiated. The landlord is seeking rental offers in excess of £80,000 per annum, subject to contract. Further Information & Viewing For further information, please contact Michael Penfold or Annabel Magnay of AG&G on 020 7836 7826 or [email protected] / [email protected] EPC Available upon request.

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Perspective external view

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Google Maps. Not to scale - Provided for indicative purposes

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Ground Floor Basement

Not to scale for indicative purposes only