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309 Kings Road, London

Guide Price
£450,000

£466.32 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

965 sq ft

90 sq m

SECTOR

Commercial property for sale

Key features

  • Prime Retail Investment
  • Rarely Available Opportunity
  • Let to Get a Drip Franchise Limited
  • 10 Year Lease Expiring 14.09.2033
  • Prime High Footfall Location
  • 965 sq ft (89.65 sq m)
  • Investment Let at £58,000 p.a. (12.8% GIY on Guide Price)

Description

The property comprises a prime, rarely available, retail investment opportunity situated on one of London's busiest retail streets.

Arranged as a ground floor and basement retail unit, the property is let to Get a Drip Franchise Limited trading as Get a Drip, a boutique wellness clinic, on a 10 year lease expiring 14.09.2033 and paying £58,000 per annum.

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

309 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

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference C20636FD-EE86-4E80-9BA3-02E8093543D4. 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, Savills Auctions- Commercial. 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.

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