Prominent A1/D1 Unit To Let, Notting Hill, W11
Ground floor & basement, 27 Kensington Park Road, Notting Hill, London W11
Location
The property is located on a corner of Kensington Park Road and Kensington Park Mews, to the north of Elgin Crescent. Neighbouring retailers include Provenance Butchers, Oliver Bonas, Couverture and Garbstore, Osteria Basilico, Mufti, Lutyens & Rubenstein and The West Village. Elgin Crescent is home to The Grocer on Elgin, Mr Christian’s, Jeroboams, Neal’s Yard Remedies and Graham and Green. Kensington Park Road’s close proximity to Portobello Road allows the property to benefit from footfall at the weekends associated with the world famous market. View location map.
Description & Accommodation
The property benefits from A1 planning use on the ground floor and D1 (medical) on the basement. The space is currently arranged as a reception and sales area on the ground floor, with one treatment room, and three further treatment rooms in the basement, plus kitchen. There is a WC on each level.
The gross internal areas are as follows:-
Shop depth | 36'1" | 11 sq m |
Internal width | 18'4" | 5.6 sq m |
Ground floor sales | 567.4 sq ft | 52.7 sq m |
Basement sales | 509.1 sq ft | 47.3 sq m |
Basement Vaults | 117.0 sq ft | 10.9 sq m |
Total area | 1,193.5 sq ft | 110.9 sq m |
Rent
£65,000 per annum, subject to five yearly upward only review.
Term
A new ten year full repairing and insuring lease.
Rates
The local authority has verbally informed us that the rateable value for the premises is £67,000 and the rates payable for the year ending 31/03/14 are £32,897.
Interested parties should make their own enquiries: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.
Energy Performance Certificate
An energy assessment has taken place, copy certificate and recommendations available on request: Energy Performance Asset Rating 109 (Band E).
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.