Prominent Retail Unit/Showroom To Let, Holland Park Avenue, W11 | REDUCED TERMS
142-144 Holland Park Avenue, London, W11
Situation & Location
The property is prominently situated on the the northern side of Holland Park Avenue facing the junction with Abbotsbury Road. It thus enjoys high visibility on one the main approaches to Central London from the West, and lies in the heart of one of Europe’s most affluent residential districts. Other businesses located nearby include Daunt Books, Lidgates Butchers, Flat Three restaurant and Marsh & Parsons. Holland Park Underground (Central Line) is close by. View location map.
Description & Accommodation
The property comprises a self-contained ground floor and basement retail showroom unit providing the following approximate floor areas:-
Ground floor sales | 1,152 sq ft | 107 sq m |
Basement | 1,233 sq ft | 115 sq m |
Raised Basement ancially | 185 sq ft | 17 sq m |
Rent
£140,000 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 to be agreed.
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 67 Band C copy report and recommendations available on request.
Business Rates
Rateable value for the premises is £172,000 and currently enjoying a business rates holiday until April 2021.
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.