From
£875,000
Property for saleKing Street, London W6
About this property
Freehold Betting Office/Shop Investment with three flats above which have been sold off on long leases, one of which expires in 2086
Betting Office Let to Power Leisure Bookmakers Limited (t/a Paddy Power) until 2035 (1)
Potential to extend the lease of Flat 3 (2)
Located in the heart of Hammersmith
Approximately 0.3 miles from both Hammersmith and Ravenscourt Park Underground Stations
Well located close to Marks and Spencer and Starbucks
Six Week Completion Available
VAT is not applicable
Investment let at £66,700 p.a. (7.62% giy on guide)
Auction Sale - 21/04/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold Betting Office/Shop Investment Let to Power Leisure Bookmakers Limited (t/a Paddy Power) until 2035 (1) with three flats above which have been sold off on long leases, one of which expires in 2086. Total Current Rents £66,700 p.a.
Description
The property is arranged over basement, ground and three upper floors to comprise a ground floor Betting Office with ancillary accomodation in the basement.
There are three self-contained flats above, accessed from a separate entrance to the side of the building, which have been sold off on long leases, one of which expires in 2086
Location
The London Borough of Hammersmith & Fulham is an affluent borough situated between Kensington and Chiswick.
The property is situated fronting King Street, the retail thoroughfare of Hammersmith, between Dimes Place and Argyle Place. Hammersmith Broadway is approximately 1/4 of a mile to the east at the end of King Street.
Nearby occupiers include Argos, Flight Centre, Pizza Hut, Moss Bross, Maplin’s Electronics, Marks &Spencer, Starbucks and Halifax.
Transport
Approximately 0.3 miles from both Hammersmith (Piccadily, District, Hammersmith & City and Circle Lines) and Ravenscourt Park (District Line) Underground Stations
The area is well connected, with the A4 Great West Road running through the area East to West, while the A406, A40, A3220 & M4 (junction 1) are all easily accessible
Tenancy
Please see the below Schedule of Accommodation and Tenancies
Accommodation
Please see the below Schedule of Accommodation and Tenancies
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