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For Rent

Kensington

131 Kensington High Street, W8

Availability (2)

796 – 1,872 Ft2

£185,000.00 /Ft2

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  1. Information
  2. Map
  3. Area & Transport
  4. E.P.C
  5. Other Documents
  1. Introduction

    LOCATED WITHIN AN ESTABLISHED RETAIL PITCH ON KENSINGTON HIGH STREET WITHIN CLOSE PROXIMITY TO THE UNDERGROUND STATION. NEW LEASE AVAILABLE (SUBJECT TO VACANT POSSESSION) Located in one of London’s most sought after retail and tourist locations, the unit is located within a prominent position on Kensington High Street, within close proximity to Kensington Arcade and underground station. The premises is situated between a vibrant mix of retail operators and sits adjacent to Oliver Bonas and IQOS. Other nearby retailers include Vodafone, Whole Foods, Calzedonia, Uniqlo, Zara Home, Massimo Dutti, Muji, Trotters, and Cos. Alongside successful F&B operators nearby include The Ivy, Dishoom, Joe & The Juice, Bills, Five Guys and Oree Café and many more.

    Property Details

    TERM
    The property is available by way of a new effectively FR&I lease for a term to be agreed. The lease will be contracted outside the Security of Tenure and Compensation provisions of the Landlord and Tenant Act 1954.
    RENT
    Offers are sought in excess of £185,000 per annum, exclusive of rates, service charge, insurance and VAT.
    USE
    The property benefits form Class A1 of the Town & Country Planning (Use Classes) Order 1987. Our client will consider all uses with the new “Class E” planning consent.
    BUSINESS RATES
    We have been advised by the Local Authority that the premises are currently exempt from paying business rates until 1st April 2021. For guidance purposes the current rateable value for the property is £170,000. With rates payable (yr 20/21) circa £90,440. Prospective tenants are advised to confirm any rating liability directly with the Local Authority.
    EPC RATING
    An EPC is available upon request.

    Availability (2)

    FloorSize (Ft2 | M2)Rent (/Ft2 | /a)S/Charge (/Ft2 | /a)Rates (/Ft2 | /a)Total /aPlanning UsageStatus
    Ground Floor796£185,000.00T.B.C£90,440.00T.B.CA1Available
    Basement1,076£185,000.00T.B.C£90,440.00T.B.CAvailable
    Total / Avgs.1,872£185,000.00T.B.C£90,440.00T.B.C
  2. Location

    131 Kensington High Street,
    London W8

    Directions

  3. Transport

    High Street Kensington
    Circle, District
  4. Other Documents

    Marketing Brochure

MISREPRESENTATION ACT — These particulars do not form part of any offer of contract. They are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to their accuracy. Unless otherwise stated, all prices/rents are quoted exclusive of vat. All terms and information provided is subject to contract & without prejudice.
Harry Elliott
Graduate Surveyor

+44 20 7344 6825

harry.elliott@colliers.com

Paul Souber - Colliers London
Paul Souber
Head of Retail Agency - London

020 7344 6870

paul.souber@colliers.com