10 May 2016

Portobello Captivates the Market

AG&G are delighted to announce the recent letting of 186 Portobello Road at a rent of £340,000 per annum on a new 20 year lease to a local operator on 186 Portobello Road.  Occupying a flagship location on Portobello Market the unit comprises 5,970 sq. ft. over four floors.

This fine, mid-1860s building occupies a corner location diagonally opposite the famed Electric and close to the E&O and in the middle of one of the capital’s prime tourist areas, with a prosperous local clientele as well. 
186 Portobello Road, W11 is a landmark corner building and originally home of the Colville and most recently the First Floor restaurant and Ground Floor bar.  Fans of the romantic comedy Notting Hill may find the bar/restaurant at 186 Portobello Road familiar – it stars in several shots of the backdrop to Hugh Grant’s dithering pursuit of Julia Roberts.

AG&G were acting as joint letting agents with JMW Barnard.   Almost 30 rental bids were received for the site.

For further information, contact Anthony Alder on 020 7836 7826 or e-mail Anthony.Alder@agg.uk.com

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

8 Exchange Court,
London, WC2R 0JH