Pizza Express & Leyland SDM, Notting Hill Gate, Central London

 

137-143 Notting Hill Gate, Notting Hill, London W11

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Various
  • Tenure: Virtual Freehold
  • Gross Rent: £205,000
  • VAT applicable?: Y
  • Prime Location

Property Description

  • Virtual Freehold Blue-chip Restaurant & Retail Investment in London.
  • Pizza Express is on two levels, Ground 1,842 sqft, Basement 717 sqft.
  • Leyland SDM is on two levels, Ground 2,016 sqft, Basement 1,968 sqft.

Location Description

  • The cosmopolitan area of Notting Hill is located to the west of Central London via the A402 Bayswater Road.
  • The property itself is situated on the south side of Notting Hill Gate, close to its junction with Camden Hill Road. Extensive shops and amenities are available in Notting Hill, Kensington and nearby Holland Park, with Central, Circle and District Line Underground services running from Notting Hill Gate Station.
  • The shops and restaurants of Portobello Road and its famous market are also close by.

Additional Notes

  • The retail units comprising basement and part ground floor are each subject to a new lease for a term of 999 years at a current ground rent of £200 per annum each.
  • 137-139 has been let to Pizza Express until 23/6/2027 for £105,000 pa
  • 141-143 has been let to  Leyland SDM until 12/06/2027 (break 24/06/2022) for £100,000 pa

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