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Retail Premises with Double Fronted Aspect, 134 & 134a Lancaster Road, Kensington & Chelsea, W11 1QU

1,947 Sq Ft / Retail / General Retail

For Sale - £995,000.00

Available - Last updated: 24 September 2024

A fully glazed, double fronted retail premises, occupying the ground floor and basement of a 2 storey, mixed-use Victorian terraced building.

The double frontage has a recessed entrance which leads to an open plan retail area, with an aperture leading to a second open plan, front to back retail area. The ceiling height is exceptional and the southerly aspect invites good natural light. To the rear is an ancillary office and storage space, where an internal staircase to the basement can be introduced. The basement is currently accessed via an exterior staircase and arranged with two open plan retail areas, a storage room to the rear and four vaults storage rooms. Additionally there is access to a rear raised courtyard area and mews beyond, which the building backs onto. The ground floor is plaster boarded out and the basement is delivered shell and core.

Location

The premises are situated on the northerly side of Lancaster Road adjacent to the crossroads junction with Ladbroke Grove. The premises occupy a position one premises in from the corner junction with Ladbroke Grove and form part of a short parade of shops.

Other local businesses include, Loaf, Barclays Bank, Chana Chemist, The Flowered Corner, Fez Mangal, Over Under Coffee, Caffe Nero, Zipline Courier Service, Oliver Fisher Solicitors and the Museum of Brands. Further shops, cafes and restaurants are within a short walk on Portobello Road. Public transport is accessed via Ladbroke Grove (Buses) and Ladbroke Grove Tube Station (Hammersmith & City line).

Accommodation

Ground Floor - 774.00 sq ft (71.91 sq m)

Lower Ground Floor - 1,173.00 sq ft (108.98 sq m)

TOTAL - 1,947.00FT² (180.88M²)

Terms

SALE TERMS: Long Leasehold, 120 years as of 2024. Sold as seen, shell and core.

PRICE: £995,000.00

SERVICE CHARGE: TBC

RATES: £21,082.75 per annum

LEGAL COSTS: Each party to be responsible for their own legal costs.

VAT: Not elected for VAT

EPC: Available upon request.

POSSESSION: Full vacant possession immediately on completion of legal formalities

Specification

  • Fully glazed double frontage
  • New plaster board finish to ground floor
  • Shell and core to basement
  • Exceptionally high ceilings to GF
  • Good natural light
  • Courtyard garden

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Leasehold £995,000.00 NA

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Knight Commercial London

020 3369 0656

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