£445,000

Retail premises for sale

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Offers over

£445,000

(£632.10/sq. ft)

Retail premises for sale

King Street, London W6

704 sq. ft

Local area information

Property location

Nearby amenities

  • Le Herisson School 0.1 miles
  • Westside School 0.1 miles
  • Ravenscourt Park 0.1 miles
  • Hammersmith 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Hammersmith and Fulham, Castelnau and Hammersmith to find out more about the local area.

Features and description

Key Points

  • Well-let retail unit in popular parade
  • Succesful Mooboo Bubble Tea franchisee (business not affected)
  • Flats above sold off on long leases
  • Virtual freehold (974 years) at peppercorn rent
  • Freehold also available (subject to tenant's pre-emption rights)
  • Offers over £445,000

  • Description

    The property is arranged over ground and lower ground floors, with the sales area being fitted to a high standard by the tenant, a franchisee of Mooboo Bubble Tea.

    The rear area is used as an office and for stock and preparation. The basement benefits from good natural light from the courtyard at the rear and provides additional staff, office or storage space, together with WCs.

    Location

    The property is located in a popular parade on the north side of King Street, close to its junction with Dalling Road & Studland Street, in close proximity to the major new redevelopment of Hammersmith Town Hall, incorporating offices, retail, residential flats and a new cinema.

    Viewings

    Strictly by appointment with Whitman & Co Commercial

    Terms

    The commercial unit is occupied on an fr&I basis by Uckermann & Nagy Limited, a franchisee of Mooboo Bubble Tea, on a lease of 10 years from 20th April 2021 at a current passing rent of £28,000pa, subject to review on 20th April 2026. The tenant contributes to the landlord’s costs of insuring and keeping the building in repair.

    Offers are sought in excess of £445,000, providing a net initial yield of 6%.

    Purchasers will be required to provide identity information so Anti-Money Laundering checks can be undertaken before an offer can be accepted on any property that we are marketing.

    Floor plans and tours

    Floor plans (1)

    1 floor plan available

    View the floor plan to understand the space and layout of this property.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Whitman & Co Commercial Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Whitman & Co Commercial Limited for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. London
    4. West London
    5. Hammersmith
    6. King Street

    Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

    Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

    Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.