Business Unit/Workshop to Let, North Kensington
8a Southam Street, North Kensington, London, W10 (by Golborne Road)
Situation & Location
The property is situated on the side western side of Southam Street, close to the junction with Golborne Road. Westbourne Park underground (Circle, Hammersmith & City Lines) is nearby. View property map.
Description & Accommodation
The property comprises a self contained workshop/business unit on the lower ground floor of a terrace of units, providing an approximate gross internal floor area of 411 sq ft (38.2 sq m).
Lease
A new internal repairing and insuring lease is available for a term of up to three years, with a mutual rolling break after one year (on three months notice) to be taken outside the security and tenure and compensation provisions of the Landlord & Tenant Act 1954.
Rent
£10,500 per annum exclusive, payable quarterly in advance.
Rent Deposit
A rent deposit of not less than three months rent will be required.
Legal Costs
Each party to bear their own legal costs in connection with the grant of the lease.
Energy Performance Certificate
Copy EPC and Recommendations available on request Energy Performance Asset Rating 69 (Band D).
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £4,650 and the rates payable for the current year ending 31/03/17 are £2,250. Tenants may qualify for small business relief. 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
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.
