Retail premises for sale in Portobello Road, London W11
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Property features
- Commercial income-producing investment with 20+ years to go
- Current rent reserved at £65,000 pa, next review 2025
- Well know and established trading location
Property description
Current income £65,000 with next review in 2025.
Let to Portobello Health Foods Limited (11729708) on an Fri Lease within the Landlord & Tenant Act 1954, which commenced on 15/1/21 and was granted for a 25 year term. The Lease is due to terminate on 14th January 2045 and the passing rent is £65,000 per annum
With a review on 23rd April 2025 and every 5th anniversary thereafter.
Nb - We recommend purchasers verify the rates with the Royal Borough of Kensington & Chelsea's Business Rates Department
Ground Retail Zone B 158
Ground Kitchen 301
Ground Storage 247
Ground Retail Zone A 194
Contact Barney Estates & Auctioneers for further details
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Barney Estates and Auctioneers, SW18 on +44 20 8115 7085 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Barney Estates and Auctioneers, and do not constitute property particulars. Please contact Barney Estates and Auctioneers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.