A ground floor shop and basement (Use Class E), formed from a 2 storey, mixed-use, Victorian stucco fronted building, formally a pub. The half-glazed 180 degree return frontage has entrances on both sides of the premises, which lead to an open plan retail / studio / gallery area fitted with bespoke marble topped cabinetry and a herringbone black tiled floor. There is a service lift to the basement, together with a staircase descending to an arrangement of 3 treatment rooms (one with an en-suite shower), a private office, plant room, storeroom and 2 W/C’s.
The premises benefits from air conditioning on both levels, a speaker system, fiber optics, recessed LED lighting and a chandelier.
Additionally there is wood flooring to the basement and a smoke alarm system with emergency lighting.
Location
The premises are situated at the corner of the junctions of Penzance Place and Portland Road flanked by residential property. The area is a much sought after high net worth residential area, punctuated by short parades of shops on Clarendon Cross and Portland Road. Other local businesses include, Piano Nobile, Myriad Antiques, Temple Gallery, Cave Decorative Arts, Summerill & Bishop, St Claire Café, The Cross, Suzy Hoodless Studio and Julie’s Restaurant. Public transport is a short walk away on Holland Park Avenue at Holland Park tube station (Central Line).
Accommodation
Ground Floor - 682 sq ft (63.36 sq m)
Basement 817 sq ft (75.90 sq m)
TOTAL - 1,499 sq ft (139.26 sq m)
Terms
LEASE TERMS: A new FRI Lease to be granted outside the Landlord & Tenant Act 1954 for a term to be negotiated.
RENT: £85,000.00 per annum
SERVICE CHARGE: TBC
RATES:
Rateable Value: £63,500 per annum
Rates Payable: £34,671 per annum
NB: We strongly recommend that you verify the rates with The Royal Borough of Kensington & Chelsea’s Business Rates Department on 0207 361 2828.
LEGAL COSTS: Each party to be responsible for their own legal costs.
VAT: The premises are elected for VAT.
EPC: Available upon request.
POSSESSION: Full vacant possession immediately on completion of legal formalities.
Specification
- Attractive period corner facade
- Excellent natural light
- Black tiled parquet and wood flooring
- Recessed LED spotlights
- Air conditioning
- Security alarm
- Lift
- Fire alarm & emergency lighting