An opportunity to purchase this freehold mixed use investment situated in the London borough of Hammersmith & Fulham. The property comprises six flats (5 x 1 bed + 1 x 2 bed) which are all fully let on rolling AST's.
The commercial shop is let to a More Yoga at £27,500 per annum. The lease for the commercial shop ends 2 January 2035.
This opportunity is a perfect addition to any property portfolio and would be of interest to overseas and local investors alike.
Location
The property is situated in the heart of King Street which offers excellent transport and leisure amenities. The A4 runs south of the property and provides access to Central London and Surrey.
Accommodation
Shop - 125.5 sq m (1,361.7 sq ft)
Flat 1 - 49.1 sq m (535 sq ft)
Flat 2 - 40.5 sq m (435.7 sq ft)
Flat 3 - 49.7 sq m (535 sq ft)
Flat 4 - 40.5 sq m (435.7 sq ft)
Flat 5 - 49.7 sq m (535 sq ft)
Flat 6 - 78.4 sq m (843.7 sq ft)
TOTAL - 435 sq m (4,681.8 sq ft)
Terms
Tenure - Freehold
VAT - Applicable
Price - Offers in excess of £2,700,000
Specification
- The property includes 5 x 1 bed flats, 1 x 2 bed flat and a commercial unit
- The property is generating £129,800 per annum
- The total size of the building equates to 4,536 sq ft
- Situated on a busy high street in Hammersmith and excellent transport with amenities nearby
- Stamford Brook Station is 0.1 mile away which offers direct access into Central London
- The property is likely to appeal to international and local investors
- Offers in excess of £2,700,000