Prime central London frontage with strong footfall and established tenant until 2029.
- Approx. 159.2 sq m (1,714 sq ft) substantial ground-floor retail space
- Let to Rituals Cosmetics UK Limited; lease expires in 2029
- Prime frontage close to High Street Kensington Underground station
- Positioned among national occupiers and strong local amenities
- Attractive Victorian building with high ceilings and character features
- Leasehold sale; buyer to note remaining term to 2029
- VAT is applicable to the purchase price
- Local area records above-average crime; consider security/insurance costs
A substantial ground-floor shop plus ancillary space extending to approximately 159.2 sq m (1,714 sq ft) on a busy Central London high street. The property benefits from immediate proximity to High Street Kensington Underground (Circle & District lines) and sits among strong national occupiers and local amenities, making it highly visible to shoppers and commuters.
The unit is let to Rituals Cosmetics UK Limited on a lease expiring in 2029, providing an income stream until that date. The building shows attractive Victorian character with high ceilings and generous frontage, offering easy reconfiguration or subdivision for a new operator or owner-occupier once vacant. The affluent catchment and tourist draw from nearby parks and Kensington Palace support continued demand for prime retail space.
Important considerations: the asset is leasehold with the current tenant lease expiring in 2029, which limits medium-term vacant-possession opportunities. VAT is applicable to the sale price. The area records above-average crime compared with wider London, and the buyer should factor in this local statistic when assessing operational requirements and insurance costs.
This is primarily an investment or owner-occupier opportunity for purchasers seeking Central London retail exposure in a high-footfall location. Financial, VAT and lease-position due diligence is recommended to confirm rental reversion potential and timing for any change of use or refurbishment plans.
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