38A HIGH STREET KENSINGTON
Prime Retail Lease Available
One of London’s most sought after retail destinations
LOCATION
The premises are located on High Street Kensington adjacent to Urban Outfitters, within close proximity to Zara, Uniqlo, Whole Foods, Joe & The Juice, Wagamama, GAP, Hobbs and High Street Kensington Tube Station servicing the Circle and District lines.
TERM
The premises are available by way of an assignment of the existing full repairing and insuring lease for a term of 10 years from 10 July 2015. The lease is contracted inside the Security of Tenure
provisions of the Landlord & Tenant Act 1954.
RENT
Passing rent £255,000 pax.
INCENTIVES
Incentives available, subject to covenant.
ACCOMMODATION
The premises are arranged over ground floor only having the following approximate area;
Gross frontage 1,996.5 Sq Ft / 185.5 Sq M
RATES 2024/25
Rateable Value: £136,000
Rates Payable (UBR Multiplier: £0.566): £76,976
A business may be entitled to 75% of the chargeable amount, up to a figure of £110,000, from 1 April 2024 to 31 March 2025. All interested parties should verify the business rates with the relevant local authority.
VIEWING
By appointment with sole agents Stephen Kane & Company.
George Brooke gb@stephenkane.co.uk | +44(0)7739 913 888
Jonathan Cowan jsc@stephenkane.co.uk | +44(0)7973 619 090