Office/Retail Showroom with Rear Garden to Let, Kensington, W8
Ground Floor & Basement, 12 Abingdon Road, Kensington, London W8
Situation & Location
The property is situated on the the western side of Abingdon Road, close to the junction with Kensington High Street. It is thus well placed to serve the wealthy resident population as well as visitors via Kensington High Street Underground (Circle, District Lines) which is within easy reach. Other business located nearby include Trailfinders, Kitchen W8 and Daniel Galvin.
Description & Accommodation
The property comprises a self-contained ground floor and basement office/showroom unit providing the following approximate floor areas:-
| Ground floor office/sales | 526 sq ft | 49 sq m |
| Basement office/sales | 712 sq ft | 66 sq m |
| Total | 1,238 sq ft | 115 sq m |
Amenities
GF disabled WC | Basement WC & Kitchen | Wood flooring
Rent
£48,000 per annum exclusive, payable quarterly in advance, without further review.
Externally
Rear garden extending to a depth of 25ft 7.6 m.
Terms
An assignment of our clients effectively full repairing and insuring lease with a term expiring 24th June 2024 which is held outside the security of tenure and compensation provisions of the Landlord & Tenant Act 1954.
Common Expenses
Tenant will bear a fair proportion of the common expenses via a service charge.
Legal Costs
Each party to bear their own.
Business Rates
The property has a rateable value of £12,500 and should qualify for 100% retail relief until 31 March 21, and then 100% small business relief for qualified businesses. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 0207-361 2828.
VAT
Will not apply.
EPC
EPC rating 27 Band B: copy report and recommendations available on request.
Possession
Immediate upon completion of legal formalities.
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.
