Ground Floor Shop To Let, Notting Hill, W11
214 Kensington Park Road, Notting Hill, London W11
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 Rachel Ashwell, Lyndon's, Sub Couture, Nu Line, Di Guardo, Essenza and E & O. View location map.
Description & Accommodation
The premises comprise a ground floor shop providing the following approximate floor area and dimensions:
Shop depth | 56'5" | 17.2 m |
Internal width | 13'1" | 4 m |
Ground floor sales area | 925 sq ft | 86 sq m (including raised ground floor) |
Rear office | 90 sq ft | 8.4 sq m |
Rear Stores | 45 sq ft | 4.2 sq m |
Kitchenette | 45 sq ft | 4.1 sq m |
Total area | 1,105 sq ft | 102.7 sq m |
Rent
£43,000 per annum exclusive, subject to five yearly upward only reviews.
Terms
A new effectively full repairing and insuring lease is available for a term of 10 years.
Alternatively a shorter lease may be available, to be excluded from the security of tenure and compensation provisions of the Landlord & Tenant Act 1954.
VAT
VAT is not applicable.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £42,750 and the rates payable for the current year ending 31/3/14 are £20,135.25 Interested parties should make their own enquiries:- Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
Possession
Immediate upon completion of legal formalities.
Contact
Jeremy Barnard or Alan Bateman
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@jmwbarnard.com
Email: ab@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.