556 Kings Road, Fulham, London, SW6 2DZ

Description
556 Kings Road is a quite superb and FULLY VACANT retail premises enjoying a wonderful location in the heart of the Chelsea Design Quarter - widely regarded as the mecca for high-end interior design. The property is presented in quite outstanding condition and enjoys an exceptional glazed frontage of considerable height and prominence towards the favoured upper end of this globally-renowned destination. The Estimated Rental Value is c. £55,000 per annum thereby presenting an optimum GROSS YIELD in excess of 7.5%.

Arranged across two floors as both a large Showroom Retail space (c.35 sq.m.) and an excellent set of secondary offices and display areas to the Basement Floor (c.63 sq.m.), the property has been the subject of a meticulous programme of works over the years which now reveals both ‘best in class’ showroom premises and an immediate opportunity to launch a new business within this revered location.

The Ground Floor is bathed in natural light, enjoying high visibility from the road and a superbly appointed set of internal display features with notable lighting installations, whilst the Basement offers further excellent ceiling heights secondary showroom areas with tanked vaults and underfloor heating, a more formal private office, recently installed kitchen, washroom and access onto a super, secluded courtyard garden. The property also benefits from rear access and the Freehold to the building albeit the upper floor residential apartment is sold off on a long lease as well as the demise over the frontage to the property.

Location
The premises is superbly situated on a particularly sought-after stretch of King's Road, occupying an extremely convenient location by way of being central to the revered Chelsea Design Quarter as well as being within close proximity of SW3, Parsons Green, Fulham Broadway and the River Thames.

The immediate area is well supported by virtue of its low level of vacancy rates amongst commercial premises and presents a busy ‘cross-roads’ for Fulham residents from Moore Park, the Broadway and the locals of Parsons Green, establishing the area as an exciting, stimulating and varied commercial centre. Chelsea and Central London are moment away accessible via the District Line, or several bus routes that service the area.

Terms
PRICE: £675,000
RATEABLE VALUE: £35,500 Per Annum.
RETAIL PREMISES: (USE CLASS E): 97.54 sq m / 1,050 sq ft.
LOCAL AUTHORITY: London Borough of Hammersmith and Fulham.
VAT: TBC.
POSSESSION: Full vacant possession immediately on possession of legal formalities.
LEGAL COSTS: Each party is to pay their own legal costs.
VIEWINGS: Strictly by appointment with Sole Agents Meridian Commercial Property Partners LTD