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163 Dawes Road, Fulham, London, SW6 7EE

1,483 Sq Ft / Retail / Retail - High Street

Withdrawn - Last updated: 08 January 2024

Summary

The property is arranged over two large floors and is offered in good condition, the ground floor sales area is split into two distinct zones and has excellent ceiling heights. The property also benefits from a rear garage accessible from Filmer Road and an imposing corner position, therefore allowing any future occupier to enjoy this superior SW6 trading location.

In addition, the property has recently applied for planning permission for the “Change of use of the basement and ground floor level from retail (Class E) into a 2-bedroom self-contained flat (Class C3)”. Planning Ref. No: 2023/00003/FUL2. While the proposal was refused, there is opportunity to re-engage with the application to appeal the current decision.

The upper parts of the property are arranged as two flats - sold off on the following lease terms: Flat 1 (first floor) sold in July 2019 for a term of 999 years. Flat 2 (second & third floor) sold in June 2007 also for a term of 999 years.


Key Points

  • Highly visible corner plot.
  • Upper parts sold off on 999 year leases.
  • Excellent levels of passing trade.
  • Arranged over 2 floors.
  • Low Capital Value of £370/p/sf.
  • Approx. Gross Internal Area: 137.8 sqm / 1,483 sq ft.
  • Location

    Fulham is a highly desirable urban residential district that encompasses a large proportion of west London as the Thames meanders. Dawes Road in particular traverses SW6 from Fulham Broadway to its intersection with Munster Road / Lille Road to the Northwest. The road is populated with a range of retailers, bars and shops to include Tesco Express, The Mitre, The Fishbowl & Captain Cook. The property also benefits from excellent public transport connections from Fulham Broadway with journey times into Central London within 20 minutes and Heathrow in 40 minutes.

    Terms

    RATEABLE VALUE: £16,750 (We strongly advise purchasers to verify this with the local authority): London Borough of Hammersmith & Fulham.
    TENURE: Freehold.
    VAT: The Property is not elected for VAT.
    APPROXIMATE GROSS INTERNAL AREAS:137.8 sqm / 1,483 sq ft.
    LOCAL AUTHORITY: London Borough Hammersmith & Fulham.
    LEGAL COSTS: Each party is to pay thier own legal costs.
    VIEWINGS: The property can be viewed externally. Internal inspections will be conducted on specific viewing days. By appointment with Sole Agents Winkworth Commercial.

    PROPOSAL: A ‘Guide Price’ of £550,000 subject to contract, for the Freehold interest.


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