Offers in region of
£395,000
(£501.27/sq. ft)
Retail premises for saleKing Street, London W6
788 sq. ft
Freehold
About this property
Income producing £27,000pa
Freehold commercial investment
Tenant lease expiring 19th January 2027
Close to the new Town Hall Civic Development
NIA 788 sq. Ft. Over ground floor
Location
The property occupies a prominent position on the north side of King Street within the established commercial centre of Hammersmith. The premises is located approximately 100 yards from the Civic Campus, a significant London Borough of Hammersmith & Fulham regeneration scheme which will deliver a mixed use development comprising 204 new residential flats, flexible office accommodation, and a new public town square. The property is situated approximately 0.1 miles of Ravenscourt Park Underground Station (District Line), providing direct access to Central London. Hammersmith Broadway is located approximately 0.6 miles to the east, providing access to the District, Piccadilly, Hammersmith & City and Circle Lines, together with convenient vehicular access to the Great West Road (A4).
Description
The premises comprises a ground floor shop benefiting from WC & kitchenette facilities and a large enclosed rear yard.
User
We believe the premises fall under Sui Generis of The Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
EPC
The Energy performance certificate has ratings of C (55) for the shop unit. A copy of the EPC is available upon request.
Local Authority
London Borough of Hammersmith & Fulham.
Accommodation Schedule & Tenancies
The commercial premises are let on an effective Fri basis. The current lease expires on 19 January 2027 with a passing rent of £27,500 per annum.
The first floor flat is sold off on long lease for term of 125 years effective date of 25.12.1989 on the usual full repairing and insuring basis.
Tenure
Freehold subject to the existing residential leases.
Price
Offers are invited in the region of £395,000 (Three Hundred and Ninety Five Pounds).
Service Charge
There is no service charge account for this unit, any expenditure are treated on ad-hoc basis.
Legal
Each party to bear its own legal costs.
VAT
The property has not been elected for VAT.
Aml
In accordance with Anti-Money Laundering Regulations, we shall require additional information from the purchaser/tenants so that an online veri?cation can be undertaken.
The property occupies a prominent position on the north side of King Street within the established commercial centre of Hammersmith. The premises is located approximately 100 yards from the Civic Campus, a significant London Borough of Hammersmith & Fulham regeneration scheme which will deliver a mixed use development comprising 204 new residential flats, flexible office accommodation, and a new public town square. The property is situated approximately 0.1 miles of Ravenscourt Park Underground Station (District Line), providing direct access to Central London. Hammersmith Broadway is located approximately 0.6 miles to the east, providing access to the District, Piccadilly, Hammersmith & City and Circle Lines, together with convenient vehicular access to the Great West Road (A4).
Description
The premises comprises a ground floor shop benefiting from WC & kitchenette facilities and a large enclosed rear yard.
User
We believe the premises fall under Sui Generis of The Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
EPC
The Energy performance certificate has ratings of C (55) for the shop unit. A copy of the EPC is available upon request.
Local Authority
London Borough of Hammersmith & Fulham.
Accommodation Schedule & Tenancies
The commercial premises are let on an effective Fri basis. The current lease expires on 19 January 2027 with a passing rent of £27,500 per annum.
The first floor flat is sold off on long lease for term of 125 years effective date of 25.12.1989 on the usual full repairing and insuring basis.
Tenure
Freehold subject to the existing residential leases.
Price
Offers are invited in the region of £395,000 (Three Hundred and Ninety Five Pounds).
Service Charge
There is no service charge account for this unit, any expenditure are treated on ad-hoc basis.
Legal
Each party to bear its own legal costs.
VAT
The property has not been elected for VAT.
Aml
In accordance with Anti-Money Laundering Regulations, we shall require additional information from the purchaser/tenants so that an online veri?cation can be undertaken.
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