Prominent Shop to Let, Notting Hill, W11
118 Kensington Park Road, Notting Hill, London, W11
Situation & Location
The property is prominently situated by the junction of Kensington Park Road and Westbourne Grove. Other retailers located very close by include Paul Smith, Agent Provocateur and Vessel. View location map.
Description & Accommodation
The property comprises a self-contained ground floor retail unit providing the following approximate floor areas:-
| Net Frontage | 14’2” | 4.3 m |
| Gross Frontage | 18’ | 5.5 m |
| Internal Width | 14’2” | 4.3 m |
| Shop & Built Depth | 20’8” | 6.3 m |
| Ground floor sales plus WC | 275 sq ft | 25.55 sq m |
Rent
£28,500 per annum exclusive, payable monthly/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
Tenant will pay fair proportion of cost of maintaing and insuring building structure.
Legal Costs
Each party to bear their own.
Energy Performance Certificate
In preparation: Copy certificate and recommendations on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £32,000 and the rates payable for the current year ending 31/03/19 are £15,360. 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.
