999 long leasehold Investment let to Kingfisher PLC income (£108,300 pa)

 

Summary

  • Opportunity to acquire 3,800 sq ft of flexible class ‘E’ commercial space let to Kingfisher PLC
  • Kingfisher PLC 2021 revenue of £13.3 billion
  • Passing rent of £108,300 PA
  • Kensal Rise is a rapidly growing regeneration area with a diverse mix of office occupiers and retailers
  • Located just 9 minutes from Paddington & 20 minutes from Oxford Circus London Underground stations

Accommodation

The accommodation comprises of the following

Namesq ftsq m
Ground 1,280 118.92
Lower Ground 2,520 234.12
Total3,800353.04
Chamberlayne, 750-756 Harrow Road - 753924 10.jpg

Location

Kensal Rise is establishing itself as a highly desirable area of London on the bank of the Grand Union Canal.

The location is populated by a diverse mix of office occupiers and retailers offering trendy eateries, pubs, bars and grab and go retail.

Chamberlayne, at 750 Harrow Road, emerges from these esteemed surroundings offering a superb 3,800 ft2 creative workspace with an active street frontage, centered around a tranquil courtyard.

Get directions from Google Maps

Further Information

EPC Rating This property has been graded as C


Description

Chamberlayne is an eclectic mixed use development in the heart of Kensal Rise, offering spacious homes that surround a communal, landscaped garden and sit a top a creative and dynamic office space. Designed by award winning developer Vabel, the scheme combines sophisticated minimalism with authentic craftmanship, all situated in of London’s most desirable neighborhoods.

The commercial space is let Kingfisher for their global design studio on a 5 year lease from July 2022 at £108,300 pa with a tenant break at the 3rd year anniversary. Kingfisher are currently refurbishing the property with anticipated building costs of circa £400,000.

VAT

Plus VAT where applicable.