Mixed Use, Class E & Residential Freehold for Sale, Kensington, W8
25a Holland Street, Kensington, London W8
Situation & Location
The property is situated on the southern side of Holland Street, close to the junction with Gordon Place. Holland Street is an attractive, affluent mixed residential and retail “village” located running west from Kensington Church Street. Kensington High Street underground (Circle, District Lines) is close by.
View Photo GalleryDescription & Accommodation
The property comprises a self-contained building on two levels providing commercial (Class E) use in the front section of the ground floor, with the remainder being residential. Class E includes office, retail, restaurant, estate agency and medical uses. The property has a gross internal floor area of approximately 107.8 sq m, 1,160 sq ft of which some 372 sq ft (34.6 sq m) of the ground floor is commercial – please see floorplan below, together with an external roof terrace.
Price
£1,500,000.
Tenure
Freehold, with full vacant possession on completion.
EPC
EPC rating 94 Band D.
Business Rates
The commercial part is subject to business rates and the rateable value for is £25,259 and the rates payable for the current year ending 31/03/24 are £12,604 however qualifying retail businesses may benefit from this year’s 75% discount. 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.
Legal Costs
Each party to bear their own.
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.