Offers invited
Confirmation
Freehold value-add opportunity
London, United Kingdom
Office
#34772
Value-Add
28 Oct 2024
Property Details
Broker
Deactivated
13,014 sq.ft.
1,209 m²NIA
10
Freehold
Fees
Investment Overview
Prominent Hammersmith location benefitting from a diverse and evolving amenity offering. Multi-let to ten tenants with the ability to secure vacant possession by September 2024. Current passing rent of £507,929 per annum. Existing office accommodation comprising 13,014 sq ft NIA / 14,914 sq ft GIA arranged over ground and three upper floors with under croft parking and cycle storage to the rear of the property. Extensive asset management opportunities including undertaking a comprehensive refurbishment with additional massing Opportunity for alternative uses; residential (including permitted development) and co-living subject to the necessary consents. A high level feasibility study has been produced by Studio Kyson demonstrating the sub-division of the building into 30 residential units - 16,781 sq ft (1,559 sq m) & 2,583 sq ft (240 sq m) of retail.
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