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COMMERCIAL

357 King Street, Hammersmith, London, W6 9NH

Guide Price
£675,000
Savills Auctions, London
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Entire property currently investment let at £27,000 p.a.
  • Comprising of commercial unit and 2 bedroom flat
  • Future development potential to additional dwellings to the site (subject to the requisite consents)
  • Future asset management potential to improve the rent once the commercial and residential unit are let on separate leases
  • 6 week completion
  • VAT free investment
  • Located in an affluent and popular area

Description

StrapLine

Auction Sale - 28/02/2024

Of interest to Investors and developers

An end of terrace property comprising of a commercial space on the ground floor and 2 bedroom flat with asset management and development potential to improve the passing income as well as add additional dwellings to the property (subject to the requisite consents and existing lease)

Investment let at £27,000 p.a.


Description

The building is an end of terrace property forming part of a busy and established shopping parade. The building comprise of ground floor commercial unit and residential accommodation (2 bedroom flat) across the 1st Floor. The property is located on a corner position and offers future development potential to add additional floors to the property inline with the neighbouring properties (Subject to the requisite consents).

Nearby occupiers include Sainsbury's Local, Tesco Express as well as a wide range of local boutique and independent retailers.


Location

The property is located on the junction with King Street and Black Lion Lane.

Stamford Brook station an approx. 0.3 miles from the property.

Ravenscourt park station an approx. 0.3 miles from the property.


Transport

Stamford Brook & Ravenscourt park station - Underground (District line)


Tenancy

Please refer to Accommodation and Tenancy schedule


Accommodation

Please refer to Accommodation and Tenancy schedule


357 King Street, Hammersmith, London, W6 9NH

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ravenscourt Park Station0.2 miles
  • Stamford Brook Station0.2 miles
  • Turnham Green Station0.6 miles
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About the agent

Savills Auctions, London

33 Margaret Street London W1G 0JD

Savills Auctions, London

Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 146-9759. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills Auctions, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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