Land for sale

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Land for sale

King Street, London, W6
£5,000,000

Our Summary

  • • A 1950's mixed use property located at the corner of King Street and Cambridge Grove• The Property is currently arranged as retail on the ground floor measuring approximately3,337 sq ft (310 sq m) GIA and 2,800 (260 sq m) NIA, and office (Class E) space on the first floormeasuring approximately 2,422 sq ft (225 sq m) GIA and 2,070 sq ft (192 sq m) NIA• Planning permission has been granted for the “Demolition of the existing building and erectionof a part-three, part-four storey building to provide Class E (a) (b) (c) at ground floor level with16 no

Description

This 1950s mixed-use property is located at the corner of King Street and Cambridge Grove in Hammersmith, London. The current building offers approximately 3,337 sq ft of retail space on the ground floor and 2,422 sq ft of office space on the first floor. Planning permission has been granted to demolish the existing building and construct a new, part-three, part-four storey building featuring 16 self-contained flats and 2,300 sq ft of retail space. A 10-year lease agreement is in place with Superdrug to occupy the retail space for £130,000 per annum, with a 7-year break clause. The property is being offered on a freehold basis and is held in a UK SPV. Hammersmith is a major commercial center with excellent connectivity, attracting global occupiers and offering a rich amenity provision, including cultural centers, retail, and leisure offerings.
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