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Prominent Retail Unit - Lease Available, Notting Hill, W11

Ground Floor & Basement, 19 Kensington Park Road, Notting Hill, W11

Let - March 2017
Shop to Let, 705 sq ft sales (66.1 sq m), Ground Floor & Basement, 19 Kensington Park Road, Notting Hill, London, W11

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Situation & Location

The property is situated on the western side of Kensington Park Road between the junctions with Blenheim Crescent and Elgin Crescent. Other businesses located in this section of the road include the Lutyens & Rubenstein Bookshop, Sunspel, Provenance Butcher, West Village. View location map.

Description & Accommodation

The property comprises a self contained ground floor retail unit providing the following approximate floor areas:-

Ground floor sales 420 sq ft 39.0 sq m
Basement sales 285 sq ft 26.5 sq m
Basement storage 148 sq ft 13.8 sq m
Total 853 sq ft 79.3 sq m

Amenities

Air conditioning | Hardwood Flooring | Rear Patio Garden

Terms

An assignment of our client’s lease with a term expiring 24th October 2021 with at a rent of £55,000 per annum exclusive: a premium £12,500 for this valuable leasehold interest.

Energy Performance Certificate

Copy EPC and recommendations on request: EPC asset rating155 Band G.

Business Rates

The local authority has verbally informed us that the rateable value for the premises is £54,000 and the rates estimated for the 2017 are £25,910 . Interested parties should make their own enquiries and confirm: - Royal Borough of Kensington and Chelsea business rates department 020 8315 2082.

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.

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JMW Barnard LLP registered office: North Lodge, Brockham Green, Betchworth, Surrey, RH3 7JS - Registered in England Number: OC314826
JMW Barnard Management Ltd registered office: 2 Jardine House, Bessborough Rd, Harrow, Middlesex, HA1 3EX - Registered in England & Wales Number: 04407956