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Portobello House, 225 Ladbroke Grove, £ 1,000,000, Leasehold

£ 1,000,000
Tenure
Leasehold
Rent (per annum)
85,000
Description
Description
The ground floor bar and bistro restaurant is set out around a mahogany-topped central island bar server, with an open-plan lounge, bar and restaurant, which has retained many of original features, which include corniced ceilings, baroque mirrors and antique chandeliers. The configuration of the ground floor bar and bistro area creates an excellent entertaining and party space for over 150 guests.
Location
Situated in the Royal Borough of Kensington and Chelsea within the vibrant and trendy Notting Hill district, Portobello House occupies a prominent corner position on Ladbroke Grove (B540) and Chesterton Road, a busy link north from Holland Park. Ladbroke Grove is close to the A4 and A40 and its two Underground stations, Ladbroke Grove and Westbourne Park, are in Zone 2. Both are on the Hammersmith & City and Circle lines.
Tenure
The premises is held on a 30 year full repairing and insuring lease from 2004. The current rent payable is £85,000 pa with annual RPI increases.
Planning
We understand that the hotel has a valid consent for its current use. However we would advise all interested parties to make their own enquiries.
Address
225 Ladbroke Grove, Notting Hill
Under Offer
No
Post Code
W10 6QH
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