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Mixed use value-add opportunity on King’s Road

London, United KingdomUnlock address

82%

£35.000.000

Mixed use

#14229

Core+, Value-Add

21 Feb 2024

Property Details

Broker

For sale

16,347 sq.ft.

1,519 m²

Leasable area

2,141 £/sq.ft.

23,041 £/m²

4.21 %

Freehold

14

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

The property comprises a mixed use building which was originally constructed in the 19th century, boasting a modern retail frontage and attractive red-brick façade with unique and ornate mouldings. The building comprises 16,347 sq ft, (1,518 sq m) of retail, office and residential accommodation, arranged over ground, basement and three upper floors. A prominent unbroken parade held freehold. Total passing rent of £1,294,222 per annum (upon completion) subject to, and with the benefit of, annual RPI uplifts on the office accommodation. Exceptional connectivity with Sloane Square underground station being under 5 minutes walk away with direct access to all areas of central London and beyond.