Self Contained Ground Floor Space to Let, North Kensington, W10
Existing B1 use | D2 use - subject to planning
Ground Floor, Olympic House, 317-321 Latimer Road, North Kensington, London, W10
Situation & Location
The property is situated on opposite the junction of Oxford Gardens and Latimer Road, and thus lies adjacent to the popular St Quinitin Estate, as well as the Westway Sports Centre. Latimer Road underground station (Circle, Hammersmith & City Lines) is nearby and construction is expected to start shortly on a walkway via the new Imperial West campus to Wood Lane ( and thence to White City Central Line station and Westfield). View property map.
Description & Accommodation
Comprising a self contained, open plan ground floor space with 10ft ceiling height, kitchenette and male and female WC’s comprising some 1,283 sq ft net internal (119 sq m) currently vacant; plus additional space available in early 2014 comprising some 2,000 sq ft (186 sq m) . The two areas are available separately or in combination.
Planning
Our client proposes to submit an application for change of use to D2 and will work in conjunction with an occupier to achieve a suitable planning consent. Suitable occupiers include personal trainers, gyms, pilates studios, yoga studios and other fitness uses.
Parking
Up to five parking spaces may be available at adjacent property, by separate agreement.
Terms
A new effectively full repairing and insuring lease is available for a term up to five years at an initial rent of £20 per sq ft per annum exclusive for B1 use, or £25 per sq ft for D2 use, to be taken outside the security and tenure and compensation provisions of the Landlord & Tenant Act 1954.
Service Charge
A service charge is levied to cover general building maintenance, currently approx. £1.50 per sq ft.
Energy Performance Certificate
An EPC has been commissioned: copy of certificate and recommendations available on request. Energy Performance Asset Rating: 107 - Band E.
Business Rates
Approximately £10.50 per sq ft for the current year.
VAT
Will be payable in addition to the rent.
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.
