UNIT 2.15 & UNIT 2.16, THE PLAZA
535 KINGS ROAD
LONDON
SW10 0SZ
UNUSUAL OPPORTUNITY TO ACQUIRE 105 YEAR LEASE
Location
A Landmark building at the junction of Kings Road and Lots Road, opposite the Kings College residential development leading through to the Chelsea Harbour complex and the River Thames. Fulham Broadway (District Line) and Earls Court (District & Piccadilly Lines) Undergrounds Stations are within walking distance. The Kings Road provides a varied and numerous restaurant and retail offer. The property is a short distance to the A4 providing access to the M4, M40 and M25 motorway networks as well as the A3.
Description
The Plaza is a modern purpose built office block centred around a courtyard. The offices located on the second floor are accessed through a glazed atrium entrance, with commissionaire, via a wall climber lift at the entrance or two additional lifts at pedestrian access points.
The property comprises approximately 1,052 sq ft (97.73 m²), and is arranged as an open plan L-shaped office, with a kitchen, two WC's and storage areas.
Amenities
|
|
|
|
|
|
|
|
|
Lease
The lease is available by way of an assignment on a full repairing and insuring lease to expire 24th March 2113. A Ground Rent of £200 per annum is curently payable, with this doubling every 25 years from the commencement of the term.
Offers are sought in excess of £550,000 plus VAT for this valuable leasehold interest.
Rates
The rateable value is £21,000. The estimated rates payable for the year 2007/2008 are £9,324. Interested parties are recommended to make their own enquiries with the Royal Borough of Kensington & Chelsea, Tel; 020 73613000.
Service Charge
The service charge budget for the year ending 31st December 2007 is £5,776 i.e. £5.49 per sq ft.
Legal Costs
Each party to bear their own legal costs incurred in the transaction.
Viewing
Strictly by prior arrangement through Sole Agents David Menzies Associates.
The above information is believed to be correct but is intended for guidance only and its accuracy is not guaranteed. It does not constitute an offer and must not be relied on as representation of facts or as otherwise forming the basis of a contract. The vendors or lessors do not, and neither David Menzies nor their employees have any authority to make or give any representation or warranty in relation to the property