Mixed-use development opportunity in West London

A consented mixed-use development opportunity in West London between Hammersmith and Ravenscourt Park. A 1950’s mixed use property currently arranged as retail on the ground floor measuring approximately 3,337 sq ft (310 sq m) GIA and 2,800 (260 sq m) NIA, and office (Class E) space on the first floor measuring approximately 2,422 sq ft (225 sq m) GIA and 2,070 sq ft (192 sq m) NIA. The proposed residential areas will comprise 16-flats and total 8,157 sq ft (758 sq m) NSA and the proposed retail equates to 2,300 sq ft NIA. The total GIA for the proposed scheme is 13,046 sq ft (1,212 sq m). An agreement is in place with Superdrug to lease the retail space for 10-years post construction for £130,000 per annum, the agreement includes a 7-year break clause.