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Three Modern Business Units for Sale – Long Lease plus Share of Freehold

2, 4/4a & 3a Walmer Courtyard, Notting Dale, London, W11

Sold - June 2019
>Three Modern Business Units for Sale – Long Lease plus Share of Freehold, 2, 4/4a & 3a Walmer Courtyard, Notting Dale, London, W11

Situation & Location

Walmer Courtyard is situated on the eastern side of Walmer Road, in Notting Dale, just to the north of Holland Park and west of Notting Hill and is thus served by the shop and restaurant amenities of Holland Park Avenue and Holland Park Underground (Central Line). Latimer Road underground (Circle, Hammersmith & City Lines) is a short walk to the north. The overground station at Shepherds Bush Roundabout, with quick connections southward to Clapham Junction; the Westfield London shopping centre; and Portobello Road are all within easy reach. The new Kensintgon Leisure Centre is at the top of Walmer Road. View property map.

Description & Accommodation

The property comprises three self-contained studio style office units, in need of refurbishment, which form part of a complex built in the 1980’s, arranged around a secure central courtayard, providing the following approximate net floor areas:-

Unit 2 - Ground floor 398 sq ft 37 sq m Kitchenette WC
Unit 3a - First floor 771 sq ft 71.6 sq m Kitchenette WC
Unit 4/4a - Ground floor 688 sq ft 64 sq m
Unit 4/4a - First floor 673 sq ft 62.5 sq m Kitchen WC
  1361 sq ft 126.5 sq
Total for three units 2,530 sq ft 235.1 sq m

Tenure

999 year leases from 1986, plus share of freehold owning management company.

Prices

Unit 2: £325,000
Unit 3a: £550,00
Unit 4/4a: £950,000

Legal Costs

Each party to bear their own.

Energy Performance Certificate

Units 3a,4,4a Energy Performance Asset Rating 100 (Band D)
Unit 2 Energy Performance Asset Rating 264 (Band G)
Copy certificates and recommendations on request

Business Rates

The local authority has verbally informed us that the rateable value for the three combined units is £59,000 and the rates payable for the current year ending31/03/18 are £19,587.50. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.

VAT

Will not apply.

Possession

Full Vacant Possession on completion.

Contact

Jeremy Barnard
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@jmwbarnard.com

Important Notice: Measurements are approximate and no responsibility is taken for any error, omission or mis-statement in these particulars which do not constitute an offer or contract. No representation or warranty is given either during negotiations, in particulars, or elsewhere. Unless otherwise stated all rents and prices are exclusive of VAT, where applicable.

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JMW Barnard LLP registered office: North Lodge, Brockham Green, Betchworth, Surrey, RH3 7JS - Registered in England Number: OC314826
JMW Barnard Management Ltd registered office: 2 Jardine House, Bessborough Rd, Harrow, Middlesex, HA1 3EX - Registered in England & Wales Number: 04407956