Summary

Property Type High Street Retail
Tenure For Sale
Size 1,228 sq ft
Price £650,000 Guide Price
Rates Payable Upon Enquiry
EPC Rating This property has been graded as C (55)
  • Premium Retail Space fitted to an exacting standard
  • Let to Coco Wolf Limited at £42,000 per annum
  • Lease Extension currently under negotiation
  • Attractive Capital Value at just £529 p/sq/ft
  • Private Patio Garden to rear
  • Prime Chelsea Design Quarter location

About

An exceptional Retail Showroom predominantly arranged across the Ground Floor with the advantage of a large break-out storage room to the Basement level and a super private patio garden to the rear. Currently let to the luxury outdoor furniture retailer, Coco Wolf, the property generates £42,000 per annum with a lease term due to expire in October 2026, thereby presenting opportunity to both an occupier and/or an investor given the current tenants desire to remain.

Location

The property is situated on the north side of the globally renowned Kings Road close to the junction with Rumbold Road in an established retail parade populated amongst specialist retailers including John Cullen Lighting, Guinevere, George Smith, Waterworks, Drummonds & And So To Bed, within the main part of the designated Chelsea Design Quarter. This is an exceptional opportunity to join these thoroughbred brands along this special parade.

PRICE: £650,000
RATEABLE VALUE: £51,500 Per Annum.
RATES PAYABLE: To Be Confirmed.
RETAIL PREMISES: (USE CLASS E): 114.1 sq m / 1,228 sq ft.
LOCAL AUTHORITY: London Borough of Hammersmith and Fulham.
VAT: The property is not elected for VAT.
POSSESSION: Subject to the existing lease agreement.
LEGAL COSTS: Each party is to pay their own legal costs.
VIEWINGS: Strictly by appointment with Sole Agents Meridian Commercial Property Partners LTD

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