Retail Shop To Let, Holland Park Avenue, W11
Ground Floor, 94 Holland Park Avenue, London W11
Situation & Location
The property is situated on the northern side of Holland Park Avenue, by the junction with Clarendon Road, close to Holland Park Underground (Central Line) . Other retailers located in the block include Nicolas, Jeroboams, Boulangerie Paul, Pret a Manger, Starbucks and Tesco Express. View location map.
Description & Accommodation
The property comprises a self-contained ground floor retail unit providing the following approximate floor areas:-
| Ground Floor Sales | 400 sq ft | 37.2 sq m |
| Lower ground seating area | 326 sq ft | 30.3 sq m |
| Preparation/Stock | 255 sq ft | 23.7 sq m |
| Total | 981 sq ft | 91.2 sq m |
Rent
£77,500 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
In preparation: copy report and recommendations available on request.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £52,500 and the rates payable for the current year ending 31/03/20 are £26,460. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 0208-315-2082.
VAT
The rent and other charges will be subject to VAT in addition.
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.
