Property photos
£3,625,000
(£1,610.40/sq. ft)
Retail premises for sale
Westbourne Grove, London W11Local area information
Property location
Nearby amenities
- Colville Primary School 0.1 miles
- Southbank International School Kensington 0.3 miles
- Notting Hill Gate 0.4 miles
- Ladbroke Grove 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Holland Park, Shepherd's Bush and White City to find out more about the local area.
Features and description
- One of London’s most affluent neighbourhoods
- Freehold
- Located in prime section of Westbourne Grove
- Adjacent to new Soho Home Studio flagship store
- Buoyant retail pitch
- Well configured retail unit providing 2,251 sq ft over ground and lower ground
- Let to Young ldn Ltd on a 9.5 year lease from Jul-18
- Tenant has heavily invested in their shop fit
- Total income of £190,500 per annum
The property is let to Young ldn Ltd, on a full repairing and insuring lease, for a term of 9 years and 6 months from 17th July 2018 (4.3 years unexpired). The current rent is £190,000 per annum. The tenant did not serve their July 2023 break option.
By way of additional security, the lease includes a provision of a personal guarantor and a £114,000 rent deposit is held.
The upper parts, which do not form part of the sale, are sold off by way of a long leasehold to a private individual for a term of 125 years from 25th March 2003 and produce a ground rent of £500 per annum.
The total income for the property is £190,500 per annum.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
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Listed by
Clifton Agency
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