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Commercial property for sale in 349 & 351 Kensington High Street, London

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Commercial property for sale

6,189 sq. ft*

Property description

Kensington High Street, W8 Investment/Development Opportunity Two Adjacent Shops with Inter-Connecting Residential Upper Parts. For Sale Freehold. (6189 sq. Ft / 575 sq. M approx. Gia) No.349 Kensington High Street Ground floor and basement shop known as 349a Kensington High Street and trading as Bahar Pa-tisserie. We are awaiting a copy of the current lease, however we understand that it is for a term of 15 years from 2015 and subject to 5 yearly rent reviews. We are informed that the lease is renewa-ble and the current rent is £40,000 p.a.x. No.351 Kensington High Street Ground floor and basement restaurant trading as Apadana Restaurant. Let for a term of 16 years from September 2015 expiring in September 2031. Subject to 4 yearly rent reviews with the next and final one being in September 2027. This lease is also renewable with a current rent of £65,000 p.a.x. Residential Upper Parts Comprising 4 flats. Flat A 1 bedroom over no.349 & let on Periodic Tenancy and can be vacated subjec

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Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Roger Painter & Co, and do not constitute property particulars. Please contact Roger Painter & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.