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AN EXCITING DOUBLE FRONTED RETAIL OPPORTUNITY AVAILABLE ON KENSINGTON HIGH STREET.
Property DetailsRentRent on applicationAccomodationThe premises are arranged over ground floor and basement floors .TermsSubject to vacant possession the property is available by way of a new lease for a term of 10 years subject to a 5th year rent review contracted outside the security of tenure and compensation provisions of the Landlord & Tenant Act 1954.RatesWe have been advised by the Local Authority that the premises are assessed for rating purposes as follows: Rateable Value 2017 £255,000 UBR (2018/19) 51.3p Rates Payable £130,518 Prospective tenants are advised to confirm any rating liability directly with the Local Authority.CostsEach party to bear their own legal costs in this transactionEPCEPC Rating – C 68.
Planning Usage: A1 Retail / Shops
Located in one of London’s most sought after retail and tourist locations the unit is within close proximity to Kensington Underground Station. Other retailers nearby include Whole Foods flagship store, Banana Republic, India Jane, Uniqlo, Gap, Massimo Dutti, Oliver Bonas, Muji, Russell & Bromley and Cos.NB: The unit can potentially be split and other use classes will considered, subject to planning.Further details are available upon request.
151-153 Kensington High Street,
TransportHigh Street KensingtonCircle, District
To be provided in due course.