Prominent Retail Unit - Lease Available, Notting Hill, W11
Ground Floor & Basement, 19 Kensington Park Road, Notting Hill, W11
Situation & Location
The property is situated on the western side of Kensington Park Road between the junctions with Blenheim Crescent and Elgin Crescent. Other businesses located in this section of the road include the Lutyens & Rubenstein Bookshop, Sunspel, Provenance Butcher, West Village. View location map.
Description & Accommodation
The property comprises a self contained ground floor retail unit providing the following approximate floor areas:-
| Ground floor sales | 420 sq ft | 39.0 sq m |
| Basement sales | 285 sq ft | 26.5 sq m |
| Basement storage | 148 sq ft | 13.8 sq m |
| Total | 853 sq ft | 79.3 sq m |
Amenities
Air conditioning | Hardwood Flooring | Rear Patio Garden
Terms
An assignment of our client’s lease with a term expiring 24th October 2021 with at a rent of £55,000 per annum exclusive: a premium £12,500 for this valuable leasehold interest.
Energy Performance Certificate
Copy EPC and recommendations on request: EPC asset rating155 Band G.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £54,000 and the rates estimated for the 2017 are £25,910 . Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
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.
