Portobello Road, London W11
To Let
The property trades as Mau Mau, one of Notting Hill’s best known and longest established bars. As well as the bar area, the premises has a stage for live music and a pool table and games machine. The premises also has a licence for a sound system during the Notting Hill Carnival and has extensive sound proofing throughout. The bar is currently licenced until 11.30 pm Mon -Thurs, 12.00 Fri & Sat and 11.30 Sun and benefits from up to 15 special extensions until 2.00 a.m. per annum.
LocationThe property is situated a short distance south of the Westway, on the western side of Portobello Road. Ladbroke Grove Underground Station is within a few minutes’ walk and the area is popular with locals and tourists visiting Portobello Market throughout the year.
AccommodationOverall Area: 1200 sq ft
· Bar Area
· Kitchen Area
· Ladies & Gents W.C accommodation
· Stage for live music
· Sound system
· Pool Table
· Games Machine
· Music Licence
TenureLeasehold
£ 50,000 per annum
Premium£150,000 subject to contract for the benefit of the lease, goodwill and fixtures and fittings
Lease TermsA lease for a term expiring in 2022 and subject to a rent review in 2014 and 2018 (subject to verification)
Rateable Value£49,250
Rates Payable£20,389.50
We strongly advise that you verify these figures with Royal Borough of Kensington & Chelsea City Council Business Rates Department
PossessionFull vacant possession immediate upon completion of legal formalities.
Legal CostsEach party is to bear their own legal costs.
Viewing DetailsStrictly by appointment with Bective Leslie Marsh Commercial on 020 7985 0715.
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