Rare Mixed Use Freehold Investment

Opportunity with Development Potential

King’s Road F U L H A M L ON D ON S W 6 2 DY

L O C A T I O N

The property is situated on the north side of the world renowned King’s Road regarded as one of London’s premier retail destinations, between the junctions of Rumbold Road and Holmead Road. This section of King’s Road is within the sought after Chelsea Design Quarter which includes occupiers specialising in home furnishing, antiques and art. Surrounding specialist retailers include Paris Ceramics, Parker & Farr, Drummonds, Trowbridge Gallery, Waterworks, George Smith and Guinevere, as well as a vibrant mix of restaurants and bars.

T R A N S P O R T

Transport links are excellent. Both Fulham Broadway and Imperial Wharf stations are located within walking distance, providing access to the District Line, London Overground and National Rail services. The proposed route of Crossrail 2 to serve London and the South East is planned to be operational in 2030, which includes a new £1bn station, a short walk away from the property near Sydney Street. This will further improve links and reduce travel times significantly, with up to 30 additional trains per hour and direct links to 50 Rail and Underground stations, adding billions of pounds to the economy.

District Line

FULHAM BROADWAY

WIMBLEDON 15 mins

VICTORIA 16mins

PADDINGTON 14mins

Proposed Crossrail 2

KING’S ROAD CHELSEA

CLAPHAM JUNCTION

WIMBLEDON EUSTON ST. PANCRAS

KINGSTON

IMPERIAL WHARF

KENSINGTON (OLYMPIA) 6 mins

SHEPHERD’S BUSH 11 mins

CLAPHAM JUNCTION 8 mins

London Overground

IMPERIAL WHARF

BALHAM 16 mins

WEST CROYDON 39 mins

WEMBLEY CENTRAL 25 mins

Southern Line

Highly sought after position

Excellent prospects for rental and capital growth

Planning granted to create an additional floor

Highly affluent location

King’s Road 566

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Chelsea Harbour Design Centre

Lots Road

Stamford Bridge

Parker & Farr

Warr’s Harley-Davidson Showroom

Christopher Wray

Paris Ceramics

Trowbridge Gallery

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S I T UA T I O N

The London Borough of Hammersmith and Fulham is one of the Capital’s most desirable and affluent places to live and work, in addition to being a globally recognised retail destination.

D E S C R I P T I O N

The property comprises a mid-terrace, four storey, mixed use building arranged over basement, ground, first and second floors. The shop, arranged over ground and basement, trades as a high end interiors showroom and benefits from both a front forecourt and rear courtyard. Arranged over first and second floors is a spacious self-contained two bedroom residential flat which benefits from a large attractive roof terrace to the rear and balcony to the front.

ACCOMMODATION

Retail Sq m Sq ft

Ground Floor 82.41 887 Ground Floor ITZA 34.18 368 Basement 11.93 128

Residential

First Floor 43.00 462Second Floor 42.70 459

9.6 MILLION FULHAM BROADWAY FOOTFALL PER ANNUM

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R E G E N E R A T I O N

The London Borough of Hammersmith and Fulham is projected to be a major contributor to the capital’s economic growth over the next decade. There are five major developments in the pipeline.

The Old Oak (Park Royal) Opportunity Area is to be massively transformed after Old Oak Common was named as southern England’s main high speed rail station. Significant redevelopment includes new transport, social infrastructure, new housing and jobs around the new HS2 Rail link interchange.

Major regeneration at the White City Opportunity Area includes a new research campus, space for media businesses, a new department store, hotels, shops, restaurants and leisure facilities. Additionally a £1bn plus retail and world class residential expansion to Westfield London Shopping Centre is already underway.

Hammersmith Town Centre will benefit from significant investment, including state of the art theatre facilities. The King’s Mall shopping centre is enjoying a renaissance as high profile new shops open in addition to new homes, a cinema and high quality office space.

The Earl’s Court Opportunity Area

will see a major transformation with new housing and the creation of four urban ‘villages’. The £8bn investment includes a two-hectare park.

South Fulham (Riverside) Regeneration Area will become a new residential mixed use area integrated with employment, leisure and community uses.

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King’s Road F U L H A M L O N D O N S W 6

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Disclaimer These particulars are believed to be correct but their accuracy is not guaranteed and they do not constitute any offer nor form part of any contract.

F U R T H E R I N F O R M A T I O N

Via sole agents

Paul Connaghanp.connaghan@hindwoods.co.uk

Elliott Brightone.brighton@hindwoods.co.uk

020 8858 9303

P L A N N I N G/ D E V E L O P M E N T P O T E N T I A L

The property benefits from A1 (Retail) use with the upper parts having C3 (Residential) use.

Planning consent was granted under application No.06/02089 for works to 564 and 566 King’s Road, which included construction of a front and rear roof extension to No.566. These extensions were not built, however we understand that permission to build them remains since the planning consent was implemented through works to No.564.

T E N A N C Y

566 King’s Road – Shop let to Best & Lloyd Limited for a 10 year Effective Full Repairing & Insuring lease from 1st September 2009 at a passing rent of £42,500 p.a. Lease assigned over to Simon and June Cadzow – high end interiors (Best and Lloyd Limited – Guarantor).

566a King’s Road – Spacious two bed flat let on a 12 month Assured Shorthold Tenancy to Ms Joanna Simpson and Ms Ella Wilson from 5th June 2016 at £1,750 per month.

T E N U R E

Freehold

E P C

The Energy Performance Certificates and Recommendation reports are available on request.

VA T

The property is not elected for VAT.

P R I C E

Offers are sought in excess of £1,800,000 (One Million Eight Hundred Thousand Pounds) subject to contract.