Vause Cribb Chartered Surveyors

Rare Freehold Investment For Sale Fulham Road

For Sale

Address: 606 Fulham Road, Parsons Green,

Size: 1,381 sq ft

Terms: A Freehold Sale

Available: Immediately on completion of legal formalities

Use Class: A5, E

Location:

Situated in a highly visible prime position on the North side of Fulham Road in close proximity to the junction with Parsons Green Lane, the property provides an incredibly rare A5 Takeaway opportunity. Fulham Road provides an excellent local retail experience serving the nearby affluent residential population. The street contains a number of well-known national retailers, such as Gail’s Artisan Bakery, Joe and the Juice, Cologne & Cotton and a wonderful spread of independent retailers as well as a host of fantastic cafes and restaurants and bars.

Accommodation:

A rare opportunity to acquire a Freehold commercial investment in a prime part of Fulham Road in the heart of Parsons Green. Currently trading as Jack and Beyond, an award winning bakery, the Ground floor commercial trades successfully and has recently been refitted and refurbished to an high standard by the current incumbent.

Ground Floor: 1092 sq ft
Basement: 289 sq ft

Ground Floor commercial: Occupied by way of a 15 year FRI Lease from March 2021, at a passing rent of £44,000 per annum, and with 5 yearly rent review pattern. The Lease was renewed in March 2021 with the original Lease being for a Term of 25 years. The tenant has remained in occupation throughout the lockdown period, and has had no arrears or voids.

The residential accommodation above has been sold off by way of Long Leases at peppercorn ground rents and expire in September 2173. Copies of the Leases are available by request.

Commercial: £44,000 pa