Mixed-use asset with residential conversion potential
Verified listing
Share:

Mixed-use asset with residential conversion potential

England, United Kingdom

85%

£13.950.000

Mixed use

#37330

Core+, Value-Add

23 Oct 2025

Property Details

Broker

For sale

37,405 sq.ft.

3,475 m²

NIA

372 £/sq.ft.

4,014 £/m²

9.24 %

12

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.00 %

0.40 %

Investment Overview

A landmark mixed-use office and retail asset providing 37,405 sq ft NIA arranged across ground and basement with 5 upper storeys. Offering typical floor plates of approximately 5,000 sq ft. Multi-let to 12 tenants (4 office & 8 retail tenants), providing a total contracted rent of £1,375,798 per annum, reflecting a very low average office rent of £51.79 per sq ft and approximately £36.78 per sq. ft. overall. WAULT of 1.06 years to lease expiry (LEX) & to break. 56% vacancy in the office uppers providing a route to Vacant Possession (VP) in less than 6 months. Prime Zone 2 Location: Prominent position adjacent to Hammersmith. Underground Station and Bus terminal; 15-minute journey to Central London via Circle and Hammersmith & City lines. Excellent Road Connectivity: Immediate access to Hammersmith Roundabout / Gyratory system and the A4/M4 corridor. Best convenience retail pitch in Hammersmith with exceptional rental and occupancy history, attracting national retailers, that have all expressed an interest in extending leases.