143 / 145 North End Road West Kensington London London W14 9NH

143 / 145 North End Road
West Kensington
London
London
W14 9NH

Reversionary Retail Investment

Affluent West London suburb
Occupational lease outside the security of tenure provisions of the Landlord and Tenants Act 1954
500 metres south of Kensington Olympia
Prominently located 100 metres north of West Kensington Underground sStation
Nearby occupiers include Sainsbury's Local

Lot
27
Auction
14th February 2018
Rent
£15,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Reversionary Retail Investment

Affluent West London suburb
Occupational lease outside the security of tenure provisions of the Landlord and Tenants Act 1954
500 metres south of Kensington Olympia
Prominently located 100 metres north of West Kensington Underground sStation
Nearby occupiers include Sainsbury's Local

Lot 27
Auction 14th February 2018
Rent £15,000 per Annum Exclusive
Status Sold Prior
Price
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 500m south of Kensington Olympia, 3 miles south-west of the West End
Roads: A4, A3220, A40
Rail: West Kensington Underground, Kensington Overground Station
Air: Heathrow Airport

Situation

West Kensington is an affluent West London suburb situated approximately 3 miles south-west of the West End. The property is prominently situated on the east side of North End Road, 0.1 miles from West Kensington Underground Station. Nearby occupiers include Sainsbury’s Local and an eclectic mix of local traders.

Tenure

Virtual Freehold. Held on a 999 year lease from 29th September 1997 at a peppercorn rent.

Location

Miles: 500m south of Kensington Olympia, 3 miles south-west of the West End
Roads: A4, A3220, A40
Rail: West Kensington Underground, Kensington Overground Station
Air: Heathrow Airport

Situation

Tenure

Virtual Freehold. Held on a 999 year lease from 29th September 1997 at a peppercorn rent.

Description

The property comprises a double fronted retail unit with retail accommodation on ground floor and a substantial basement of a similar size to the ground floor which forms part of a larger residential building.

VAT

VAT is not applicable to this lot.

Planning

There is consent for a Change of Use to Class A3 (Restaurant and Café) date 27/07/2017, a copy of which is available for inspection in the legal pack.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

Planning

There is consent for a Change of Use to Class A3 (Restaurant and Café) date 27/07/2017, a copy of which is available for inspection in the legal pack.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Concessionary Rent (pax)
Ground Basement	Retail Retail	82.68 sq m 82.68 sq m	(890 sq ft) (890 sq ft)	INDIVIDUAL t/a West Kensington Pound, Syed Mobiles and Rug and Carpet Gallery	Approximately 6 months from 29/9/2017 to 06/04/2018	£15,000
Total		165.36 sq m	(1,780 sq ft)			£15,000