Office & Industrial Building for Sale or to Let, North Kensington, W10
Unit 11, Latimer Road Industrial Estate, North Kensington, London, W10
Situation & Location
The property is situated on the western side of Latimer Road, close to the junction with North Pole Road. It thus lies close to Notting Hill, Kensington and Central London and also has good access the M25, Heathrow and the national motorway network via the A40. White City (Central Line) and Latimer Road (Circle and Hammersmith & City Lines) underground stations lie within walking distance. Access from Latimer Road to White City Station and Westfield are to be improved by a walkway forming part of the Imperial College development on Wood Lane. The Westway Sports Centre is located at the southern end of Latimer Road. Please see attached location plan. View property map.
Description & Accommodation
The property comprises a self contained building with modern air-conditioned offices on the first floor and workshop/storage space on the ground, with a loading bay. Externally there is room to park two vehicles at the front of the property. The approximate net internal floor areas are as follows:-
| Ground floor workshop (ceiling height approx 2.5m) | 1,808 sq ft | 168 sq m |
| Ground floor loading bay area (max eaves height 5.63m) | 495 sq ft | 46 sq m |
| Ground floor male and female WC's | ||
| Rear ground floor storeroom | 183 sq ft | 17 sq m |
| First floor offices | 1,857 sq ft | 171 sq m |
| Total | 4,343 sq ft | 402 sq m |
Externally there is a loading area in front of the loading bay 5.6m wide by 8.7m long.
Term
The freehold is offered with vacant possession at a price of £875,000
Or
A new full repairing lease for a term to be agreed at a rent of £60,000 per annum exc.
Rates
The local authority has verbally informed us that the rateable value for the premises is £32,250 and the rates payable for the current year ending 31/03/13 are £14,770. 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
Immediate upon completion of legal formalities.
Contact
Jeremy Barnard or Alan Bateman
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@jmwbarnard.com
Email: ab@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.
