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Fulham Road, London, SW6

Guide Price
£675,000

£695.16 per sq ft

Business rates & charges may apply

Prideview Group, Middlesex
SIZE AVAILABLE

971 sq ft

90 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • Freehold building consisting of (1) a Ground Floor Retail Unit (2) 2x Flats, on upper floor sold-off (3 )1x 2-bed Flat is under offer (4) 1x Rear Mews unit
  • Retail unit of 971 sq ft
  • Let to Ludan Fulham Ltd (Franchisee for Mathnasium) on a 10yr FR&I lease from 29th November 2019 for a passing rent of £49,000 p.a.
  • Mathnasium is one of the fastest growing franchises worldwide and the current tenant and the franchisee of Mathnasium has expanded to ownership of 3 franchises in South-West and West London areas
  • 2 Flats (sold-off) above have a 250yr lease each paying £250 p.a. with a total rental income of £500 p.a.
  • 2-bed flat is under offer on a 250yr lease at Peppercorn Rent
  • Rear Mews unit is on a 999 years lease at a Peppercorn Rent
  • Total annual passing rent of £49,500 p.a.
  • Located in an affluent part of Fulham, located close to Parsons Green Underground (3 mins walk) and midway between Fulham Broadway and Fulham High Street
  • Nearby retailers include Waitrose, Tesco Express, Sainsburys, Boots Pharmacy, Starbucks, Costa and a number of successful independent stores and restaurants

Description

* Freehold building consisting of (1) a Ground Floor Retail Unit, (2) 2 X Flats, on upper floor sold-off (3 )1 X2 -bed Flat is under offer & (4)1 X Rear Mews unit. The retail unit can be purchased separately as a Virtual Freehold on a 999 years lease.
* Retail unit of 971 sq ft
* Let to Ludan Fulham Ltd (Franchisee for Mathnasium) on a 10yr FR&I lease from 29th November 2019 for a passing rent of £49,000 p.a.
* Tenant info: #1 Maths Tutoring Programmes & Homework Help (mathnasium.com)
* Mathnasium is one of the fastest growing franchises worldwide and the current tenant and the franchisee of Mathnasium has expanded to ownership of 3 franchises in South-West and West London areas within 5 years of taking up the current lease
* 2 Flats (sold-off) above have a 250yr lease each paying £250 p.a. with a total rental income of £500 p.a.
* 2-bed flat is under offer on a 250yr lease at Peppercorn Rent
* Rear Mews unit is on a 999 years lease at a Peppercorn Rent
* Total annual passing rent of £49,500 p.a.
* Located in an affluent part of Fulham, located close to Parsons Green Underground (3 mins walk) and midway between Fulham Broadway and Fulham High Street.
* Nearby retailers include Waitrose, Tesco Express, Sainsburys, Boots Pharmacy, Starbucks, Costa and a number of successful independent stores and restaurants
* VAT not applicable

Fulham Road, London, SW6

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Parsons Green Station0.1 miles
  • Fulham Broadway Station0.5 miles
  • Putney Bridge Station0.6 miles

About Prideview Group, Middlesex

Prideview Place, 43 Church Road Stanmore HA7 4AA

The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.

We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.

We work closely with numerous propcos, traders, agents and vendors both off-market and via auction to deliver quality investment opportunities as well as a unique disposals service.

Each year we also host the biggest cricket day in the industry, The Prideview Cricketers' Cup, with all proceeds going to charity.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 19285. 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 Prideview Group, Middlesex. 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.

Map data ©OpenStreetMap contributors.

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