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New Kings Road, Fulham, London, SW6

Commercial Property in Fulham

£350,000

  • Floorplan

PICTURES AND VIDEOS

KEY FEATURES

  • FOR SALE: Commercial investment retail premises arranged over two floors and with excellent street frontage in SW6.

Description

FOR SALE: Commercial investment retail premises arranged over two floors and with excellent street frontage in SW6.

This commercial investment presents a significant and competitively priced asset management opportunity to the active property investor. The current occupying tenants are a highly regarded firm of local solicitors and the terms of the current lease have well considered structures in place to drive up the annual rent received. We note that there is an outstanding rent review from February 2019.

The property, whilst offered in reasonable condition, would benefit at a future date from some further internal upgrades. The more complex works have been completed as it delivers two excellent floors of commercial space with good ceiling heights and plenty of flexibility in terms of configuration. Whilst being offered for sale on a relatively short leasehold basis the vendor has commissioned a report that sets out a very competitive financial structure for the lease to be extended. This is available upon request.

Location

57b New Kings Road enjoys a highly desirable and immediately visible location directly opposite Eel Brook Common and betwixt the affluent Parsons Green residential district and destination-led designers based within Chelsea Design Quarter.

It forms part of an established parade of commercial premises, presenting itself as a ‘cross-roads’ between the River Thames, Chelsea, Parsons Green and the favoured Moore Park Estate, providing strong levels of footfall and general passing trade whilst also benefiting from the significant levels of redevelopment taking place across most of these quarters.

Public transport continues to expand with the District & Circle Lines at Fulham Broadway, extensive local bus routes and the well-regarded river and rail services available at Imperial Wharf, all of which are within walking distance.
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