Ground floor Class E Shop / Business Unit to Let, Kensington, W86
Ground floor, 60 Pembroke Road, Kensington, London W8
Situation & Location
The property is situated on the northern side of Pembroke Road, close to the junction with Warwick Road. Pembroke Road lies to the south of Kensington High Street within this wealthy residential centre. District and Piccadilly line underground connections are at nearby Earls Court station, overground links at Olympia.
Description & Accommodation
The property comprises a newly refurbished, self-contained, business unit with excellent natural light from front and rear, good ceiling height and private WC.
Terms
An assignment of our clients effectively full repairing and insuring lease, inside the Landlord & Tenant Act 1954, expiring April 2032, with tenant break option and rent review April 2027.
Rent
£25,000 per annum exclusive, payable quarterly in advance.
Lease
A new lease is available for a term of up five years, to be taken outside the security of tenure and compensation provisions of the Landlord & Tenant Act 1954.
Service Charge
Estimated £1,500 pa.
Legal Costs
Each party to bear their own.
EPC
Band C under former use – to be re-assessed.
Hours of use
Under a planning condition hours are limited to 08.00 hrs-20.00 hrs each day.
Business Rates
On application, assessment of property is currently being split.
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.
