Additional text is available below.Retail premises to let situated on the eastern end of the Westbourne Park Road. The property is within close walking distance to the Ledbury Road, populated by fashionable shops and restaurants including Ottolenghi’s, Sweaty Betty, and Bora. Being only a few minutes’ walk from the Westbourne Grove – Ledbury Road intersection, therefore heavily benefiting from anchor tenants in the area. The property has been carefully refurbished inside to provide a fresh and modern feeling while retaining the charming period aesthetic.
The property is 0.25 miles from Royal Oak overground station providing exceptional access to Paddington Station – giving good access to the Western Home counties & Heathrow airport.
Terms
RENT: £37,500 per annum (exclusive)
TENURE: Leasehold
RATEABLE VALUE: Until 1st April 2022 - £6,612.54 p.a 66% 1st April 2022 - 31st March 2023 - £5,510 p.a 50%
RETAIL PREMISES: (USE CLASS E): c.800 sq ft (74.32 sq m)
LOCAL AUTHORITY: City of Westminster.
VAT: N/A
POSSESSION: Full vacant possession immediately on possession of legal formalities.
LEASE TERMS: A new FRI Lease granted outside the Landlord & Tennent Act 1954 for a minimum of 5 years containing a mutual break clause on the 3rd anniversary of the commencement date.
LEGAL COSTS: Each party is to pay their own legal costs.
VIEWINGS: Strictly by appointment with Sole Agents Winkworth Commercial Adam Stackhouse and Tom Lewin.