Description
642 King’s Road comprises a mixed-use trophy asset providing retail space on the ground floor, office space on the first floor and residential accommodation on the second and third floors.
The property underwent extensive repositioning and refurbishment in 2016. The works were carried out by the current landlord to a high specification with Drummonds remaining in occupation on the ground floor throughout. Initial works included the removal of the existing first floor followed by a three storey extension, alongside other new build design elements.
The property occupies a prominent position on the King’s Road, 1.7 miles south west of the road’s origin at Sloane Square, and benefits from dual aspect with Britannia Road.
The surrounding area is characterised by an abundance of high-end designer boutiques and attractive residential properties.
Attributes
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Investment Highlights
- Rare opportunity to acquire a freehold trophy asset on London’s iconic King’s Road.
- Located in one of London's most affluent and desirable neighbourhoods, offering unparalleled amenity and endless opportunity.
- Exceptional connectivity to Central London and beyond, with two underground stations within easy reach along with excellent road, river and air communications.
- Highly prominent building fronting the King’s Road, London’s most fashionable street with London’s finest retail, leisure and dining offerings on the doorstep.
- Fully repositioned mixed-use property totalling 8,168 sq ft (758.9 sq m).
- 642 King’s Road comprises retail on the ground floor, office on the first floor, three residential apartments on the second floor and a penthouse with an extensive terrace on the third floor.
- Fully let with a total passing rent of £505,081 per annum.
- WAULT of 4.0 years to earliest determination.
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