Shop to Let or Freehold for Sale, Kensington, W8
84 Abingdon Villas, London W8
Situation & Location
The property is situated on the southern side of Abingdon Villas, close to the junction with Earls Court Road. It thus lies in one of London's most wealthy residential areas and presents a rare opportunity for a retailer to reach the affluent population of the enclave to the south of Kensingon High Street. Nearby traders include Pizza Express and Walking on Wood. View location map.
Description & Accommodation
The property comprises a self contained ground floor retail unit providing a main sales area and side annexe with having the following approximate floor areas:-
| Net Frontage | 13' 4" | |
| Retail area | 220 sq ft | 20.4 sq m |
| Annexe | 127 sq ft | 11.8 sq m |
| Total Ground floor sales | 337 sq ft | 31.3 sq m |
Terms
Either
The freehold interest is available with vacant possession at a price of £320,000
or
A new 5 year, full repairing lease, is available, to be excluded from the Landlord & Tenant Act 1954, at a rent of £18,000 per annum.
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £7,400 and the rates payable for the current year ending 31/03/14 are £3,418.80. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
VAT
The property is not currently elected for VAT.
Possession
July 2013.
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.
