Overview

Leasehold Available

The subject property is comprise of ground floor and basement. The ground floor has been used for banking purposes and includes ancillary storage, toilets and a staff room. Tenure The property is held on an FRI lease expiring 28th September 2023. Rent £123,000 per annum exclusive. Legal costs Each party is to be responsible for their own professional costs incurred in relation to this transaction. Subject to contract Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £ and the rates payable are £64,976.00 pa. The UBR for 2019/2020 is 52.40p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Gloucester Road is an affluent part of South Kensington, London. The street benefits from good footfall and provides great connectivity in to Central London and the wider rail network via the District, Circle and Piccadilly lines. The premises is located in a prominent location within the retail parade on Gloucester Road. National retailers within the immediate vicinity include Waitrose, Starbucks and Pizza Express.

Sizes and Measurements

Total Size

3,827sqft

Sales Area

2,363sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

2,363sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

1,464sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

Price On Application

UBR

52.4p

Business Rates

£64,976/pa

Floorplan

GLOUCESTER ROAD LONDON

Photos

GLOUCESTER ROAD LONDON

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