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Virtual Freehold Class E Property for Sale or to Let, Kensington, W8

Currently private children’s club 2,722 sq ft 253 sq m
Will suit a wide variety of non-food Class E uses

Ground & Lower Ground Floors, 58-60 Pembroke Road, Kensington, London, W8

Sold - September 2024
>Virtual Freehold Class E Property For Sale, 2,722 sq ft (253 sq m), Ground & Lower Ground Floors, 58-60 Pembroke Road, Kensington, London, W8

Situation & Location

The property is situated on the northern side of Pembroke Road, close to the junction with Warwick Road. Pembroke Road lies to the south of Kensington High Street within this wealthy residential centre. District and Piccadilly line underground connections are at nearby Earls Court station, overground links at Olympia.


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Description & Accommodation

The property comprises a self-contained ground and lower floor multi-purpose space currently used as a private kids club under a personal planning consent, with underlying Class E planning use, providing the following approximate net floor areas (floor plans on request):-

Ground floor: Reception; Kitchen; Café; Office; Cloak Room; WC 1,089 sq ft 101 sq m
Lower Ground: Play & Teaching Areas; WC 1,633 sq ft 152 sq m
Externally: Courtyard Garden

Tenure

999 year lease at a peppercorn rent or a New lease for a term to be agreed.

Guide Price

Offers in excess of £800,000 or guide rent of £75,000 pa.

Common Expenses

Tenant will bear 45% of the cost of maintaining and insuring building structure.

Legal Costs

Each party to bear their own.

Energy Performance Certificate

In preparation.

Business Rates

The rateable value for the premises is £54,573 and the rates payable for the current year ending 31/03/25 are £29,796. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 7361 2828.

VAT

The sale will be subject to VAT.

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.

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