Skip to main content

342 -344 King Street, Hammersmith W6 Investment for sale

£1,650,000

Property description

    Property features

  • Investment
    (Investment)
  • Dimensions: 188 m2
    (2020 ft2)

A rare opportunity to acquire a mixed-use freehold in the heart of King Street. The four-storey end of terrace property provides 2,020 sq ft (excluding the yard) and offers investment and development angles, suitable for a range of purchasers.

The commercial accommodation is over the ground floor only and is occupied by HSS Hire (A1 use). The commercial benefits from a rear and side yard which is accessible via King Street.

The upper floors consist of a studio flat to the first floor, containing a bedroom/living area, bathroom and kitchen. The top floor flat is over the second and third floor and has four bedrooms, a kitchen and bathroom. Both flats are accesible via King Street.

Location: The property is positioned on the western side of King Street, close to Chiswick High Road, in the London Borough of Hammersmith and Fulham. The surrounding area is made up of a mix of commercial and residential properties. The property is easily accessible with Stamford Brook Station (District Line) only a 2-minute walk away (0.1 miles) and Hammersmith Station ( District, Piccadilly, Circle and Hammersmith & City Line) 0.9 miles away. The property is also surrounded by multiple bus stops providing access to areas such as Richmond and Fulwell. There are multiple successful retailers in the local vicinity including Papa Johns, Sainsbury's Local and Artisan Coffee.

Terms & conditions: The commercial accommodation is occupied by HSS Hire Service Group Limited (00644490) on a 10 year Inside the Act FRI lease, from the 14th August 2016. The current passing rent is £15,250 per annum exclusive, there is an outstanding rent review from August 2021. The yard adjoining 344 King Street is also let by HSS Hire from 30th May 2018 at a passing rent of £3,000 per annum exclusive. The license is subject to a one-month rolling break clause. The first-floor studio (Flat 1) is on a 12 month AST with a private tenant at a passing rent of £7,800 per annum exclusive. The second and third floor flat (Flat 2) is on a AST agreement from1st September 2020 to 31st August 2023 to a private tenant at a passing rent of £19,800 per annum. The current total income for this property is £45,850 per annum exclusive.

Sale: We are instructed to seek offers in the region of £1.65 million for the freehold interest. Subjectc to contract.

Additional information

Tenure

Freehold

Nearest stations

  • Stamford Brook (0.1 miles)
  • Ravenscourt Park (0.3 miles)
  • Turnham Green (0.5 miles)

Property location map

Map key
Arrange a viewing
Contact KFH Commercial Team Call 020 3199 8115 or View branch details
Arrange a viewing online

Request a viewing

Please complete the form below and we'll get back to you to make the arrangements.

*Please complete all required form fields

KFH branch finder

We have 60 branches across the Capital.

Free property valuation

Mortgage estimator

£
£
%
Yr

Stamp duty calculator

£

Read more testimonials Leave a review

Find a property

Please upgrade your browser

The Kinleigh Folkard & Hayward website uses the latest technology to give you the best possible experience, unfortunately your browser doesn't support these technologies.

Click here to upgrade to a modern browser