A SHOP / OFFICE (A1/A2) IN A PROMINENT LOCATION ON KENSINGTON CHURCH STREET
Overview
To Let
The premises (A1/A2) occupies the ground floor of an elegant stucco fronted early 19th century building. The fully glazed, plate glass frontage looks directly onto Kensington Church Street and leads to an open plan retail / office area. To the rear is a split level, half lower ground floor, retail / office area, kitchen and W/C, which is below a raised ground floor mezzanine retail / office area that benefits from a large sky light. Good order throughout.
Not elected for VAT.
The premises is situated on the easterly side of Kensington Church Street at the junction with Melon Place. Other local businesses include Reindeer Antiques, Jimmie Martin, The Lacquer Chest, Japanese Gallery, Benveniste, Amir Mohtashemi, Kensington Nails, La Caffettiera and the Wellbeing Spa. Public transport is within a short walk on Kensington Church Street (District & Circle lines).
Open plan retail area / office
Floor: 1
Lower ground floor retail area / office
Floor: 2
Kitchen and W/C
Floor: 2
Raised ground floor retail area / office
Floor: 3
Overall Area: 857 sq ft
· Highly visible glazed frontage
· Good ceiling height
· Good natural light
· Hot water boiler
· Air conditioning
· White box finish
Leasehold
Asking Price of £ 48500 per annum
Lease Terms
To take assignment of the current Lease, which has been granted outside the Landlord & Tenant Act 1954 for a term of 10 years, commencing on 10th December 2015 and ending on 09th December 2025. A rent review date is set for the end of the 5th year.
Service Charge
TBC
Rateable Value
£29,500 per annum
Rates Payable
£14,868 per annum - NB We strongly recommend that you verify the rates with the Royal Borough of Kensington & Chelsea's Business Rates Department on
We strongly advise that you verify these figures with Royal Borough of Kensington & Chelsea City Council Business Rates Department
Possession
Full vacant possession immediately on completion of legal formalities
Each party is the bear their own legal costs
Viewing Details
Strictly with Justin Knight MRICS at Bective Commercial on / or