Onyx Real Estate are delighted to bring to the market A LARGE MIXED USE PROPERTY SITUATED ON THE POPULAR KENSINGTON HIGH STREET.
The property briefly comprises of; a mixture of ground floor retail units with an extensive residential element above. Offered to the market as a freehold purchase, the property offers an opportunity to purchase a well proportioned 3 storey corner building in a great main road location.
Currently one of the retail premises trades as newsagent by way of a FRI lease with an annual rent of £5200. The second retail unit is double in size and currently undergoing a full refurbishment, again this element is let by way of a FRI lease with an annual rent of £10,400. The residential aspect comprises a spacious 6 bedroom apartment occupying the first and second floors, offering two kitchens, two bathrooms, a garage and a backyard to the ground floor. Viewings are strictly by appointment only, to arrange please contact a member of the team on 01514592421.
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Stamp Duty Calculator
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Based on property / land value of £385,000 there will be an approx of £ Stamp Duty due.
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If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information