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586 Kings Road, Fulham, London, SW6 2DX
2,078 Sq Ft / Other
Withdrawn - Last updated: 31 August 2023
Summary
Arranged across five floors, the lower ground and ground floors are fitted as a tile showroom leased to Reed Harris with separate self-contained office suite to the rear which is currently under offer to a short-term occupier.
The first, second and third floors are accessed via their own private entrance and are arranged as a sumptuous 2 bedroom 2 bathroom triplex with excellent proportions throughout and some notable high quality interior fittings that provide the immediate appeal of a luxury Central London apartment. Excellent views are revealed from the upper floors.
Key Points
Glazed ground floor frontageExcellent well fitted design showroomWell planned private offices to the rearERV of £83,500 per annumTwo-bedroom upper triplex apartmentGross Yield of c.4.65%
Viewings
Strictly by appointment with Agents Winkworth Commercial.
Location
This landmark character building is located on the westerly side of Kings Road between the junctions of Rumbold and Maxwell Roads. Other local businesses include And So To Bed, Trowbridge, Christopher Wray and a vast array of leading designers attracted to Chelsea Design Quarter.Terms
RATEABLE VALUE: £34,500 per annum (retail)
£2,950 per annum (offices)
RATES PAYABLE: £16,077 per annum (retail)
£1,374.70 (office)
GRD/BASEMENT RETAIL: 666 sq.ft. (61.9 sq.m.)
BASEMENT OFFICES: 347 sq.ft. (32.2 sq.m.)
RESIDENTIAL TRIPLEX: 1,065 sq.ft. (99 sq.m.)
GIA: 2,078 sq.ft. (193.1 sq.m.)
LOCAL AUTHORITY: London Borough of Hammersmith & Fulham
Note:
We strongly recommend that you verify the rates within the London Borough of Hammersmith & Fulham’s Business Rates department on 020 8753 6681.
VAT: The premises is not elected for VAT.
POSSESSION:
Part vacant possession immediately on possession of legal formalities. The ground floor retail is subject to the lease as indicated.
A1 LEASE TERMS
A full FRI lease will be granted for a term of 5 years on 25th June 2022 at a current rent of £36,500 per annum.
B1 LEASE TERMS
The assumed commercial rent is £12,000 per annum, exclusive.
LEGAL COSTS
Each party is to pay their own legal costs.
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