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202 Kensington Park Road, Notting Hill, London W11 1NR

Available

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Property Type:
Investment
Location:

The property is located on the east side of Kensington Park Road, near to the junction with Blenheim Crescent, and situated within the Royal Borough of Kensington and Chelsea, a densely populated and affluent area. Nearby occupiers include E & O restaurant, Provenance Village Butchers, The Distillery, Sub Couture, Essenza Ristorante Italiano and the Day Rooms.
• Retail accommodation over ground floor and basement with residential accommodation over
first, second and third floors.
• Separate access to the residential uppers.
• An attractive feature of the property is the first
floor terrace.

Accommodation:

Residential – vacant
An authentic Notting Hill 3/4 bedroom apartment above a wedding shop in the very heart of Notting Hill. Benefiting from wood floors and a wonderful usable roof terrace. The 4th bedroom can equally double up as an office/study/tv
room.
Last rental was £50,000 p.a.
Total Estimated Income is £95,000 per annum

Size:
floor
sq ft
sq m
Residential
1,393
129.41
Commercial
1,460
135.64
Total
2,853
265.05
Rent:
£2,650,000
Lease term:

The ground floor and basement retail unit is let at a passing rent of £45,000 pax to The Mews Bridal Gowns Ltd (t/a The Mews Bridal) on a FRI lease for a term of 10 years from 1st October 2015. The lease is within the security of tenure provisions of the Landlord & Tenant Act 1954 part II (as amended). There is an upward only rent review to open market value 1st October 2020. The tenant has the option to determine the lease 30th September 2020.

Timing:

Immediate upon completion of legal formalities.

Rates:

Interested parties are advised to make their own enquiries with the relevant local authority.

Legal Costs:

Each party to bear their own.

EPC:

Available on request.

Contact us

For further information or to arrange a viewing please contact

Ian Simpson — T: +44 (0)20 7590 8957 — E: ian@milescommercial.co.uk

Get in touch Tel: +44 (0)20 7581 9722

Misrepresentation Act: Miles Commercial Limited for themselves and for the vendors or lessors of the property whose agents they are give notice that :i) The particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an order or contract; ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; iii) No person in the employment of Miles Commercial Limited has any authority to make or give any representation or warranty whatsoever in relation to this property. Miles Commercial Limited trading as Miles Commercial, registered in England at NatWest Bank Chambers, 55 Station Road, New Milton, Hampshire BH25 6JA Company registration No:2591029