Cushman & Wakefield

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Contacts

  • Vicky Davies

    • T: 07917 686837 (Mobile)
    • T: 020 7152 5595 (Office)
  • Alice Hershman

    • T: 020 7152 5798 (Direct)
    • T: 020 7935 5000 (Office)
    • T: 07702 518 499 (Mobile)
  • Michael Soetan

    • T: 07766133130 (Direct)
    • T: 0207 152 5125 (Office)

Unit 2, South Kensington Arcade, South Kensington Underground Station

Kensington, Greater London, SW7 2NB

Unit 2, South Kensington Arcade, South Kensington Underground Station, Kensington - Picture 2019-05-29-16-20-15

Size

145 sq ft, (14 sq m)

Lease Type

New Lease

Rent

The rent payable to be in excess of 47 500 per annum and an agreed percentage of turnover, net of VAT, and will be exclusive of rates and service charge.

Lease Term

Theshop is available by way of a new lease contracted outside of the Landlord and Tenant Act 1954 and is subject to a 6 month rolling Landlord break.

Description

The unit is located at the entrance to the Arcade from Pelham Street The

Arcade is a parade of small shops with a mixture of uses South

Kensington is one of the most affluent Boroughs within Central London and

the demand for higher quality retail should be strong and well received

The surrounding area immediately outside the station has a good variety of

F&B and retail uses This unit does not benefit from water and drainage

Location

The property is located in the Royal Borough of Kensington and Chelsea. South Kensington station is served by the District, Circle and Piccadilly lines. It is in Travelcard Zone 1. The unit is located in The Arcade above the tube station at the Pelham street entrance. Footfall for the station is 31.78 million (2017).

Tenure

Leasehold

Rates

  • Rateable Value: £25,250
  • UBR: 48.50p/£
  • Rates Payable: £12,247

Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Viewing

Strictly by appointment.

Staff are unaware.