127 Portobello Road, W11 – FREEHOLD INVESTMENT FOR SALE

Location
Located in the heart of Notting Hill is the world-renowned, colourful, and bustling street of Portobello Road. Portobello Market has grown so successful that it now boasts a footfall of up to 80,000 people* on a single Saturday. *pre-covid-19 figures

The shop is situated in the world-famous antique street market section of Portobello Road close to the junction with Westbourne Grove with nearby occupiers including All Saints, Admiral Vernon Antique Market, Gail’s Bakery, The Humming-Bird Bakery, Naomi Tate, and The Portobello Arts Club. Notting Hill Underground Station is just a short walk away.

Income

 The premises are let to Hermanos Columbian Coffee Roasters on lease for a term expiring in August 2022 at a rental of £75,000 pax. 

Hermanos are a premium quality 9-branch chain of coffee roasters (https://hermanoscoffeeroasters.com/) who have expressed a desire to renew the lease for a longer term. 

Price
 We are instructed to seek a price in excess of £1,750,000, subject to contract for the freehold investment.

Accommodation
The premises are arranged on ground floor only having the following approximate dimensions and floor areas:

Net Frontage12 ft3.6 m
Internal Width14 ft 4.2 m
Shop Depth52 ft15.84 m
Ground Floor Area750 sq ft69.7 sq m

Legal Costs
Each side to bear its own legal costs.

Contact 

Tim Kourides 

tim@tkretailproperty.com 

07799 628 860 

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