Ground Floor & Basement Gallery / Showroom to Let, W8
101 Kensington Church Street, London, W8
Situation & Location
The property is situated on the western side of Kensington Church Street, close to the junction with Bedford Gardens . Other businesses located nearby on the street include Clarke’s Restaurant; Lea & Sandeman; numerous leading antique dealers including Marchant, Patrick Sandberg, Butchoff; and leading estate agents including Strutt & Parker and John D Wood. View location map.
Description & Accommodation
The property comprises a self-contained ground floor and basement retail unit providing the following approximate floor areas (please see floorplan below):-
| Internal Width | 13’5” | |
| Ground floor sales | 348 sq ft | 32.3 sq m |
| Ground floor office Kitchen, WC | 131 sq ft | 12.2 sq m |
| Basement Sales (three individual showrooms) | 484 sq ft | 45sq m |
| Total | 963 sq ft | 89.5 sq m |
Amenities
Central Heating | Wooden Floors | Video Entryphone | Kitchen| WC | Security Grille
Rent
£53,000 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 10 years.
Common Expenses
The lessee will make a fair contribution to the cost of maintaining and insuring the building structure.
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
Energy Performance Asset Rating 50 (Band B). Copy certificate and recommendations on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £28,500 and the rates payable for the current year ending 31/03/19 are £13,680. 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 currently VAT opted.
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.
