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23 Kensington Park Road, W11 - Picture 1
Let

23 Kensington Park Road, W11 Kensington Park Road, Greater London, W11 2EU

Use Class

Use Class

E(a)

Rent pa

Rent pa

£63,000

Market Sector

Market Sector

High Street Scheme

Description

7 days a week trading potential with highly affluent local demographic. Fully fitted retail boutique. Within close proximity to Portobello Road and Westbourne Grove

Location

The retail unit occupies a central position in a parade of boutique retail units in the heart of Notting Hill. Other nearby retailers includes Neal’s Yard, Graham and Green and Cath Kidston.

Key Information

Viewing

Strictly by appointment.

Accommodation

The premises provide the following approximate dimensions and net internal floor areas:

Dimensions
Feet
Metres
Internal Width
19
5.8
Shop Depth
50.5
15.4
Areas
Sq.Ft
Sq.M
Ground Floor Sales
781
72.6
Ground Floor Storage
64
5.9
Basement Storage
930
86.4

Financial

Lease Type

Existing Lease

Rent

Subject to 5 yearly upward only rent reviews. Rent is exclusive of rates, insurance and VAT (if applicable).

Rates

Prospective tenants are advised to confirm any rating liability directly with the Local Authority (+44 20 7445 0500).

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Incentive

Premium offers in excess of £25,000 (exc VAT) are required for the benefit the leasehold interest.

Tenure

Leasehold - The property is available by way of assignment of an existing lease expiring on the 1st October 2018 at a current rent passing of £63,000 per annum exclusive of rates, service charge, insurance and VAT (if applicable), subject to 5 yearly upward only rent reviews. The lease is held inside the protection of the Landlord and Tenant Act 1954 Part II.

Rates

Rateable Year:
2014
Rateable Value:
£39,500.00
Rates payable:
£19,039.00
UBR:
48.2p/£

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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