174 Portobello Road, London, W11 2EL

Region: Greater London
Property Type: Retail
Floor Area: 2,111 sq ft
Sale Price: We are instructed to seek unconditional offers in excess of £2,500,000 for the Freehold interest of the above property, excluding standard purchaser’s costs.

Freehold retail premises for sale on Portobello Road, located in the Royal Borough of Kensington and Chelsea. It is home to Portobello Road Market, one of London’s notable street markets, known for its secondhand clothes and antiques.

174 Portobello Road comprises a traditional four storey terraced building with a part pitched, part flat roof arranged over, ground, first, second and third floors. The ground floor retail space benefits from a glazed frontage, and currently provides front of house shop/retail floor space with stairs to the rear. The upper parts can be separately accessed from a fire exit door to the right of the retail shop front.

The first floor currently provides ancillary and officevaccommodation. Internally the space benefits from carpeted floors, suspended ceilings with fluorescent lighting, air conditioning and windows to the front and rear.

The second and third floors can be accessed internally from the first floor as well as from the fire exit door to the front.

The space is stripped back to bare walls and floorboards, and is currently being used for storage.

Accommodation

The unit extends to the following approximate floor areas:

174 Portobello Road	Sq m		Sq ft
Ground Floor Sales	83.69	/	901
Ground Floor ITZA	44.69	/	481
First Floor Ancillary	26.1	/	281
Second Floor*	41.79	/	450
Third Floor*	44.56		480
Total	196.14	/	2,111

 Rates 

Unit		Rateable Value
Rateable Value	/	£120,000
Rates Payable	/	£60,480

Interested parties should verify these figures with the Local Authority.

 

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