Mixed Use Investment / Development For SaleAvailable

Hammersmith,
351 King Street,
W6

Executive Summary

Guide Price: £450,000

1,133 ft2 over ground and basement

Rear yard with potential to expand

Good transport links

Residential development potential

Location

Situated on the South side of King Street close to Chiswick High Road and St Peter's Square, the subject property is approximately 6 minute's walk from Ravenscourt Park and Stamford Brook Stations, with access to the District tube line. The area is benefitting from ongoing investment and development such as King Street regeneration scheme, starting works shortly which will provide new residential, office and leisure space to the community.

Description: The property comprises ground floor trading space with excellent ceiling height, and useable basement storage. The property has potential for alternative uses subject to planning. Similar properties on King Street have been converted to residential recently. The residential upper parts comprise of two flats, both sold off on 125 year leases from 1990.

Planning: The ground and basement benefits from Class E use. The uppers possess C3 Residential use.

VAT: The property is not elected for VAT.

Legal Costs: Each party is to be responsible for their own legal costs incurred in the transaction.

Business Rates: Rateable Value - £19,500 (2017).
Rates Payable will be approximately £9,575 p.a.
Interested parties are advised to make their own enquiries with Hammersmith & Fulham Council.