Shop & Basement to Let, Notting Hill, W11
202 Kensington Park Road, Notting Hill, London, W11
Situation & Location
The property is situated on the eastern side of Kensington Park Road, just to the north of the junction with Blenheim Crescent. Other businesses located nearby include E&O restaurant, One Vintage, Sub-Couture, The West Village, Ceramica Blue, The Biscuiteers and Provenance Butchers. View location map.
Description & Accommodation
The property comprises a self-contained ground floor and basement retail unit providing the following approximate floor areas:-
| Ground floor sales | 778 sq ft | 72 sq m |
| Basement Sales | 657 sq ft | 61 sq m |
| Total | 1,435sq ft | 133 sq m |
Rent
£45,000 per annum exclusive, payable quarterly in advance, subject to five yearly upward only review.
Lease
A new effectively full repairing and insuring lease is available for a term of ten years.
Common Expenses
Lessee will contribute fair proportion of cost of insuring and maintaining building structure used in common.
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 local authority has verbally informed us that the rateable value for the premises is £43,000 and the rates payable for the current year ending 31/03/16 are £21,199. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
VAT
The property is not VAT opted.
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.
