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Retail Shop Currently Fitted and with Planning as Beauty Spa to Let, Notting Hill, W11

Other uses considered

Ground Floor, 214 Kensington Park Road, Notting Hill, London W11

>Retail shop currently fitted and with planning as beauty spa to Let - Other uses considered, 1,086 sq ft (101 sq m), Ground Floor, 214 Kensington Park Road, Notting Hill, London W11

Situation & Location

The property is located in a fashionable parade at the north end of Kensington Park Road that runs parallel to Portobello Road, between Blenheim Crescent and Westbourne Park Road. Neighbouring retailers include The Mews Bridal, Sub Couture, Nu Line, Essenza, Dayrooms Café and E & O.

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Description & Accommodation

The property comprises a self-contained ground floor and basement retail unit currently arranged as a reception/retail area with a five treatment rooms to the rear, providing the following approximate floor areas:-

Internal Width widening to 13’ 3” (24’8”) 4m (7.5 m)
Shop Depth 56 ’ 17 m
Ground floor front sales 349 sq ft 32.4 sq m
Ground floor rear sales 669 sq ft 62.2 sq m
Ground floor kitchen & Store 68 sq ft 6.3 sq sq m

Amenities

Kitchen | WC

Rents

£37,500 per annum exclusive, payable quarterly in advance, subject to five yearly upward only reviews.

Lease

A new lease is available for a term of up to 10 years.

Common Expenses

Tenant will bear a fair proportion of the cost of maintaining and insuring 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

In preparation - copy report and recommendations available on request.

Business Rates

The rateable value for the premises is currently £40,500 and the rates payable for the current year ending 31/03/21 would be £10,104 after 50% small retail relief, however qualifying retail uses should receive 100% Covid relief until April 2021 at the earliest. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 7361 2828.

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.

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JMW Barnard LLP registered office: North Lodge, Brockham Green, Betchworth, Surrey, RH3 7JS - Registered in England Number: OC314826
JMW Barnard Management Ltd registered office: 2 Jardine House, Bessborough Rd, Harrow, Middlesex, HA1 3EX - Registered in England & Wales Number: 04407956