202 Kensington Park Road, Notting Hill, London W11 1NR
Withdrawn
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.
Accomodation.
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 |
Availability.
Price
Status
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.
Downloads.
Contact.
For further information or to arrange a viewing please contact
Ian Simpson
Email: ian@milescommercial.co.uk
Let’s talk.
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