Prominent Class E Retail Shop & Basement to Let, Kensington, W8
170 Kensington High Street, London W8
Situation & Location
Prominently situated close to the junction with Argyll Road, close to Metro Bank, Altimus and Ellis Brigham.
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Description & Accommodation
Comprising a ground floor and basement retail unit with rear loading from Phillimore Walk, having the following approximate dimensions and floor areas:-
The approximate floor areas are:-
| Internal Width | 18 ft | 5.5 m |
| Shop Depth | 98 ft | 30 m |
| Net Frontage | 18 ft | 5.5 m |
| Ground floor sales | 1,832 sq ft | 170 sq m |
| Basement Ancillary | 722 sq ft | 67 sq m |
Rent
£150,000 per annum, subject to five yearly upward only reviews.
Lease
A new lease is available for a term to be agreed.
Common Expenses
A service charge will be levied to cover common expenses – details on request.
Insurance
Landlord to insure building and recover fair contribution from tenant.
EPC
Rating 97 Band D.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £90,500 and the rates payable for the current year ending 31/03/24 are £46,336. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 0208-315-2082.
VAT
Will apply.
Legal Costs
Each party to bear their own.
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.
