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Retail premises for sale

£1,500,000 (£216.73/sq. ft) Offers over

120-124 King Street, Hammersmith W6

Retail premises for sale 6,921 sq. ft*
Interested in this property? Call +44 20 8115 7554 * or Request Details

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Property description

Key Points

  • Affluent, densely populated suburb
  • Prominent corner position in strong retail location, fronting King Street
  • Let to jd Wetherspoon Plc. Until 23rd June 2036 (c. 12.37 years unexpired) with a passing rent of £169,500 pax.
  • Rent review and tenant break option (exercised) on 24th June 2026.
  • Use Class E.
  • Premises license permitting sale of alcohol until 00:00 Monday - Sunday.
  • 6921 sq ft, with potential for alternative use STPP
  • Offers are invited in excess of £1,500,000 excluding VAT, niy 10.68%,
  • Low capital value of £217 per sq ft.
  • Description

    The premises comprises the ground and basement of a larger, four storey, end of terrace building under a flat roof. The Holiday Inn Express London Hammersmith is directly above the property and accessed via the side road to the west of the subject property.

    The property has an open plan ground floor trading accommodation with a large seating area, and a long bar that runs along the front right elevation. There is a catering kitchen, staff welfare, and male, female & disabled W.C.s to the rear. The fit out is in the tenant’s corporate style. The property has outdoor seating at the front of the property, and there is also covered seating along the return frontage. There is bin storage to the rear.

    The basement can be accessed from the rear of the property, and provides cellar space, storage and further chilled storage units.

    The unit has glazed frontage onto King Street, and the side elevation is brick, with additional windows, covered seating and a side entrance.

    Location

    Hammersmith, within the London Borough of Hammersmith & Fulham, is an affluent and densely populated suburb, located c.6.5 kilometres west of Central London, and 16km from Heathrow Airport. The property is c.1.9 miles north of Fulham & 3.8 miles east of Chiswick.

    Hammersmith & Fulham has a substantial population of approximately 183,200 (Census 2021) and is the sixth most densely populated of London's 33 local authority areas.

    The location boasts excellent transport links, with nearby Hammersmith & Ravenscourt Park Underground Stations providing regular services to Central London. King Street (A315) and the nearby A4, provide exceptional road connectivity, linking to the M4 (c. 3.4 km to the west) and the M25 Motorways.

    The property occupies a strategic corner position on the vibrant King Street, providing strong prominence and visibility.

    There is a 24-hour secure pay-as-you-go car park to the rear of the property, accessed via the side-road immediately to the west. Eventim Apollo Music & Events Centre, Lyrcic Hammersmith Theatre, Livac Shopping Centre, and Broadway Shopping Centre are all less than an 8 minute walk away.

    The surrounding area is predominantly commercial in nature and boasts a long list of major retailers. Ikea opened its first smaller-format store at the Livat Shopping Centre in Feb 2022, with other nearby occupiers including M&S, Lidl, Iceland, Greggs, Subway, Nando’s, Primark, Sainsbury’s, tk Maxx & Leyland.

    For further information on nearby traders please see goad plan.

    * Sizes listed are approximations. Please contact the agent to verify actual sizes.

    Arrange Viewing

    For more information about this property, please contact
    Hartnell Taylor Cook LLP, WC2E on +44 20 8115 7554 * (local rate)

    Contact Hartnell Taylor Cook LLP about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hartnell Taylor Cook LLP, and do not constitute property particulars. Please contact Hartnell Taylor Cook LLP for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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