Paddy Power, 118 King Street, London
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- Betting Office Investment with three flats above sold off and expires in 2086
- Let to Power Leisure Bookmakers Limited (t/a Paddy Power) until 2035 (1)
- Potential to extend the lease of Flat 3 (2)
- 0.3 miles from both Hammersmith and Ravenscourt Park Station
- 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
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
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
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
Unclassified
- Environmental description
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Brochure
Paddy Power, 118 King Street, London
About Savills National , Savills Auctions- Commercial
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