Mixed use for sale
Property description & features
- Rarely available freehold mixed use investment
- Affluent London suburb
- Prominent corner position opposite Charing Cross Hospital
- Includes nine flats, two retail units plus a further single storey flat
- Asset management opportunities and potential for rental uplifts
- In the same family ownership since it's construction in the 1920s
- Producing £214,050 per annum
A substantial period building of traditional construction arranged over basement, ground, raised ground floor and two upper floors. The ground floor is arranged as two retail units with one being a double unit and the other having the benefit of return frontage to Parfrey Street. The upper floors and raised ground floor are arranged as nine flats providing a mix of one and two bedroom units with two ground floor access points from Fulham Palace Road and Parfrey Street.
Additionally there is a large flat to the rear with independent access from Parfrey Street. We understand that this was formerly a storeroom that has been converted by the tenant and whilst has planning permission for this use is in breach of a number of their lease obligations. This area could offer further development potential, possibly as flats or a townhouse and prospectove purchasers are advised to make their own enquiries in this regard.
Additional information is available in the attached brochure.
Location:
The London Borough of Hammersmith and Fulham is an affluent London suburb lying to the west of Central London that can be accessed via the A4 (Talgarth Road) and Fulham Road (A308). The subject property lies on Fulham Palace Road (A219), which runs south from Hammersmith Broadway and which in turn provides a major transport hub and shopping centre. Hammersmith Broadway provides underground services via the Circle, District, Piccadilly and Hammersmith and City Lines as well as being a major bus terminal.
The property lies on the west side of Fulham Palace Road at its junction with Parfrey Street opposite Charing Cross Hospital and within a few minutes' walk of Hammermsith Broadway. The River Thames lies just to the west where eateries and amenities along the Thames Path include River Cafe, the Crabtree Public House, Sam's Brasserie and Riverside Studios.
Places of interest
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