Shop To Let, Kensington, W8
19 Abingdon Road, Kensington, London, W8
Situation & Location
The property is situated on the the eastern side of Abingdon Road, just to south of Kensington High Street. Abingdon Road is a “village” location with a number of specialist businesses serving the wealthy resident population including Daniel Galvin, Trailfinders, and michelin starred Kitchen W8. View location map.
Description & Accommodation
The property comprises a self-contained ground floor retail unit which is to be extended by the landlord prior to completion, to incorporate a rear, raised ground floor sales area, providing the following approximate floor areas:-
| Internal Width | 12’ 6” | 3.8 m |
| Shop Depth | 58’ 4” | 16.6 m |
| Ground floor sales | 352 sq ft | 32.8 sq m |
| Raised ground floor sales | 564 sq ft | 52.5 sq m |
Amenities
Kitchenette | WC
Rent
£32,500 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
Tenant will bear a fair proportion of the cost of maintaing and insuring building structure.
Legal Costs
Each party to bear their own.
Energy Performance Certificate
EPC rating 76, Band D: copy report and recommendations available on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £21,250 and the rates payable for the current year ending 31/03/19 are £9,945. The rateable value and rates payable will increase with the inclusion of the new, raised sales area. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 0208-315-2082.
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.
