118 King Street, Hammersmith, London, W6 0QP
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Freehold Betting Office/Shop Investment with three flats above which have been sold off on long leases, one of which expires in 2086
- Betting Office Let to Power Leisure Bookmakers Limited (t/a Paddy Power) until 2035 (1)
- Potential to extend the lease of Flat 3 (2)
- Located in the heart of Hammersmith
- Approximately 0.3 miles from both Hammersmith and Ravenscourt Park Underground Stations
- Well located close to Marks and Spencer and Starbucks
- Six Week Completion Available
- VAT is not applicable
- Investment let at £66,700 p.a. (7.62% GIY on guide)
Description
StrapLine
Auction Sale - 21/04/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold Betting Office/Shop Investment Let to Power Leisure Bookmakers Limited (t/a Paddy Power) until 2035 (1) with three flats above which have been sold off on long leases, one of which expires in 2086. Total Current Rents £66,700 p.a.
Description
The property is arranged over basement, ground and three upper floors to comprise a ground floor Betting Office with ancillary accomodation in the basement.
There are three self-contained flats above, accessed from a separate entrance to the side of the building, which have been sold off on long leases, one of which expires in 2086
Location
The London Borough of Hammersmith & Fulham is an affluent borough situated between Kensington and Chiswick.
The property is situated fronting King Street, the retail thoroughfare of Hammersmith, between Dimes Place and Argyle Place. Hammersmith Broadway is approximately 1/4 of a mile to the east at the end of King Street.
Nearby occupiers include Argos, Flight Centre, Pizza Hut, Moss Bross, Maplin’s Electronics, Marks &Spencer, Starbucks and Halifax.
Transport
Approximately 0.3 miles from both Hammersmith (Piccadily, District, Hammersmith & City and Circle Lines) and Ravenscourt Park (District Line) Underground Stations
The area is well connected, with the A4 Great West Road running through the area East to West, while the A406, A40, A3220 & M4 (junction 1) are all easily accessible
Tenancy
Please see the below Schedule of Accommodation and Tenancies
Accommodation
Please see the below Schedule of Accommodation and Tenancies
118 King Street, Hammersmith, London, W6 0QP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hammersmith (District & Piccadilly) Station0.2 miles
- Ravenscourt Park Station0.2 miles
- Hammersmith (Hammersmith & City) Station0.2 miles
Notes
Disclaimer - Property reference 221-22101. 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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