303-323 Kings Road, Chelsea_Actifs en vente

303-323 Kings Road, London, Greater London, SW3 5EP, UK

303-323 Kings Road, Chelsea

Description de l'actif

303-323 Kings Road comprises of a period a private Royal road until 1830. parade of 12 ground floor and basement retail units fronting the south side of King’s Road at its junction with Beaufort Street, forming part of a mansion block.

The property’s standout aesthetic remains true to the entirety of Kings Road, making the thoroughfare one of the most iconic in London.

A total of 8,372 sq ft (871 sq m) net internal retail accommodation. A detailed breakdown of the floor areas is provided in the schedule of accommodation.

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Caractéristiques de l'actif

Prix attendu

7 213 000 €

Surface de l'actif brut

778 m²

Occupation

85 %

Nombre d'unités

Taux de capitalisation

9,8 %

Revenu net

649 000 €

WALT

6.9 années

Média

Points clés d'investissement

A rare opportunity to acquire the leasehold element of a prominent retail parade, extending over ground floor and basement, within the heart of Chelsea’s fashion & design quarter.

Located on the iconic King’s Road in one of London’s most fashionable shopping streets.
An unbroken parade of 12 retail units extending over two floors, providing total accommodation of 8,372 sq ft, fronting the King’s Road opposite the Bluebird Café.
Tenants include Doughnut Time, Eighty-8 Nails, Get A Drip, Octavia Foundation and Ted Baker Grooming amongst many more.
The passing rent currently sits at £539,750 with current rents ranging from £116 Zone A to £219 Zone A.
The parade provides reversionary rental growth with an estimated rental value of £637,904.
Potential to extend the long leasehold interest.
WAULT to break of 4.50 years, WAULT to expiry 6.90 years.