323 Kings Road, London
£1187.50 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
400 sq ft
37 sq m
- SECTOR
Commercial property for sale
Key features
- Prime Retail Investment
- Rarely Available Opportunity
- Let to Incognito Assets Limited t/a Teds Grooming Room
- Recently Signed 10 Year Lease Expiring 10.06.2034
- Prominent Corner Pitch
- Prime High Footfall Location
- 400 sq ft (37.16 sq m)
- Investment Let at £65,000 p.a. (13.68% GIY on Guide Price)
Description
Arranged as a retail unit occupying a prominent corner pitch with a return frontage to Beaufort Street, the property is let to Incognito Assets Limited trading as Teds Grooming, a high-end barbers, on a recently signed 10 year lease expiring 10.06.2034 and paying £65,000 per annum. The tenant is in the process of completing their fit-out and benefit from a rent free period which ends 10.06.2025.
The property occupies a prime pitch fronting Kings Road, one of London's best known retail streets in the heart of Chelsea. The property forms part of an established parade characterised by a mix of local and boutique retailers as well as a number of bars and restaurants, with the famous Bluebird Restaurant immediately opposite. The street benefits from very high levels of footfall and low vacancy.
Brochures
323 Kings Road, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- South Kensington Station0.6 miles
- Gloucester Road Station0.8 miles
- Imperial Wharf Station0.8 miles
Notes
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