Executive Summary

Self-contained office with parking

4,765 sq ft

Excellent transport links

Ready for immediate occupation

Location

Assembly London is a major mixed-use urban campus in Hammersmith comprising four buildings totaling 220,000 sq ft.

The scheme is located on Fulham Palace Road, close to the Hammersmith transport hub. This provides easy access to the Piccadilly, District, Circle and Hammersmith & City underground lines as well as the A4/M4. Hammersmith bus station is located adjacent to the tube station offering excellent transport links. Eat 17 occupies a unit at the front of the scheme, with nearby food and beverage operators including Honest Burgers, Wasabi and Leon. The River Thames is a few minutes walk away, as are numerous restaurants, bars, and shopping facilities along king street and surrounding area.

Currently fully occupied by Furukwa Electric Europe Limited, The Forge offers 4,765 sq ft of high-quality self-contained office space across three floors. As well as benefitting from their own dedicated parking, the occupiers enjoy all of Assembly's community space, amenities and public realm.

Description: The self-contained, detached building extends to 4,765 sq ft (443 sq m) Net Internal Area over 1st, 2nd and mezzanine levels with passenger lift access from the ground floor entrance lobby. The accommodation comprises a mixture of open plan office accommodation, private offices and meeting rooms, with raised access floors, ceiling/wall mounted air conditioning, with good natural light and ventilation throughout. On the 1st floor, the office space is partly used for light assembly and packaging, with a separate break-out area, kitchen/meeting space and shower. The floor can easily be returned to standard office use if preferred. The 2nd floor and mezzanine levels are open plan offices, with boardroom and two private offices/meeting rooms. There is a secure server room at the 2nd floor and a passenger lift serving the ground to 2nd floors. The property has been recently redecorated and benefits from 6 undercroft private parking spaces and bike storage. In the scheme, there are communal squash courts, changing rooms, well maintained grounds, 24 hour security and a rooftop terrace.

Lease: The FRI lease available for assignment comprises an original 10 year term (outside the Act) from 11th July 2014. There are approximately 4 years to lease expiry (10th July 2024).
A sub-lease on the whole will be considered.

Passing Rent: £195,363 per annum exclusive (£41 /ft2)

Service Charge: c.£9 /ft2 per annum. Further details available upon request.

Business Rates:
Rateable Value - £151,000 (August 2019)
Rates Payable - £80,332 (£16.86 /ft2 for year to end March 2021)
Interested parties are advised to make their own enquiries with London Borough of Hammersmith and Fulham.

Planning: The property benefits from B1(a) Office consent. Alternative commercial uses will be considered subject to Landlord and Planning consent.