Freehold Vacant Showroom & Workshop for Sale, Kensington, W8
67 Abingdon Road, Kensington, London W8
Situation & Location
The property is prominently situated at the junction of Abingdon Road and Abingdon Villas, a short walk to the south of Kensington High Street. It thus lies at the heart of one of Europe's most affluent residential districts. Other businesses located Abingdon Road include the Nouvelle Delicatessen and The Abingdon (both opposite the property); the Michelin-starred Kitchen W8; Trailfinders. View location map.
Description & Accommodation
The property comprises a self contained ground floor and basement commercial premises, with a residential maisonette above which is sold on a long lease. The commercial accommodation has traded for many years as an upholstery, soft furnishing and bed business, with showrooms on the ground floor plus associated workshops and storage in the basement, and has the following approximate floor areas and dimensions:
| Internal Width | 17' 7" | 5.4 m |
| Shop Depth | 51' 9" | 15.77 m |
| Ground floor net sales | 682 sq ft | 63.3 sq m |
| Basement Storage/Workshops net | 771 sq ft | 71.65 sq m |
| Total Gross internal | 1,604 sq ft | 149 sq m |
Terms
The freehold interest is available, with vacant possession of the shop and subject to a long lease for the upper parts and part basement and ground floor (125 years from 1980) at a current ground rent of £50 per annum.
Price
£895,000
Energy Performance Certificate
An EPC has been prepared and a copy is available on request: Energy Performace Asset Rating 120 - BAND E
Business Rates
The local authority has verbally informed us that the rateable value for the premises is £25,000 and the rates payable for the current year ending 31/03/14 are £11,550. Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
VAT
Will not apply.
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.
