93 Walton Street, London SW3
Sold
Location.
The property is situated within the Royal Borough of Kensington and Chelsea; a densely populated and affluent area, home to globally renowned cultural attractions such as the Royal Albert Hall, Saatchi Gallery, Natural History Museum and the Victoria & Albert Museum. It is situated in an area of high value residential property.
Accomodation.
The retail premises provide an open plan retail sales space at ground level, occupied by the brand Melissa Odabash.
The upper parts consist of a 3 bedroom split level apartment. At the front of the property is a well laid out kitchen. The sitting/dining room is to the rear with a terrace behind.
The second floor comprises a bedroom with en-suite shower room at the front of the property and the master bedroom with a separate bathroom at the rear of the building. The master bedroom also has a conservatory addition, leading to a large terrace to the rear.
The third floor comprises another bedroom/study with its own terrace.
Size.
| Floor | SQ FT | SQ M |
|---|---|---|
| Commercial Ground Floor | 690 | 64.10 |
| Ground Floor Lobby | 10 | 0.93 |
| First Floor | 526 | 48.87 |
| Second Floor | 390 | 36.23 |
| Third Floor | 165 | 15.33 |
| Terraces | 264 | 24.53 |
| Total | 2,045 | 189.99 |
Availability.
Price
Status
Lease Term
Commercial – The ground floor shop is let to Avalon Fashions II Limited trading as Melissa Odabash at a rent of £78,000 pax. The lease is contracting outside the Landlord and Tenant Act 1954 for a term of 10 years from 2nd June 2021. The lease is subject to a mutual option to determine 1st June 2026 and upward only rent reviews 2nd June 2023 and 2nd June 2026.
Avalon Fashions II Limited has a Creditsafe score of 58 which indicates there is a low risk of the business failing over a 12 month period. Avalon Fashions II Limited provided an initial deposit of £32,500 in 2011 (plus any accrued interest)
Residential – The residential accommodation is to be sold with vacant
possession.
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
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