Air Conditioned, Open Plan Office Floor To Let, Kensington
First floor, 86-87 Campden Street, Kensington, London, W8
Situation & Location
The property is situated on the northern side of Campden Street , close to the junction with Kensington Church Street, just to the south of Notting Hill Gate underground (Central, Circle, District Lines) and to the north of Kensington High Street with its shopping and other amenities. View property map.
Description & Accommodation
The property comprises a first floor open plan office providing the following approximate floor areas (please see floorplan below):-
Office | 1,129 sq ft | 105 sq m |
Kitchen | 50 sq ft | 4.6 sq m |
Total | 1,179 sq ft | 109.6 sq m |
Amenities
Comfort Cooling | Central Heating | Kitchen | M&F WC's | Perimeter Trunking | Excellent | Natural Light
Lease
A new effectively full repairing and insuring underlease is available for a term of up to five years, to be taken outside the security and tenure and compensation provisions of the Landlord & Tenant Act 1954, subject to a mutual rolling break clause to be agreed.
Rent
£62,000 per annum exclusive, quarterly in advance.
Common Expenses
The Lessee will make a fair contribution to the cleaning, lighting and maintenance of common entrance and staircase, plus the cost of building insurance – details on request.
Rent Deposit
A rent deposit equivalent to no less than 3 months rent will required (amount subject to status).
Legal Costs
Each party to bear their own legal costs in connection with the grant of the lease; incoming tenant to bear both parties professional fees in connection with any Licence to Alter.
Energy Performance Certificate
An EPC has been prepared, copy available on request.
Business Rates
The property is currently in single occupation so the first floor is not separately assessed. Our client has applied for a separate assessment and based on the VOA's valuation we estimate the rates payable for the first floor in the current year will be c.£19,000 per annum.
VAT
The property is VAT opted and VAT will be charged in addition.
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.