707 Fulham Road Fulham London SW6 5UL

  • 707 Fulham Road<br>Fulham<br>London<br>SW6 5UL

707 Fulham Road
Fulham
London
SW6 5UL

Freehold Retail and Residential Ground Rent Investment

  • Estate Agent Office with rear yard and 3 flats on upper floors (sold off)
  • Recently completed reversionary lease expiring May 2034 (subject to option in April 2029)
  • Highly Affluent South-West London location
  • Prominent position on Fulham Road
  • Close to Parsons Green and Fulham Broadway Underground Stations
  • VAT Free Investment
  • Lot
    4
  • Auction
    27th March 2024
  • Rent
    £45,600 per Annum Exclusive
  • Status
    Available
  • Guide*
    £600,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Freehold Retail and Residential Ground Rent Investment

  • Estate Agent Office with rear yard and 3 flats on upper floors (sold off)
  • Recently completed reversionary lease expiring May 2034 (subject to option in April 2029)
  • Highly Affluent South-West London location
  • Prominent position on Fulham Road
  • Close to Parsons Green and Fulham Broadway Underground Stations
  • VAT Free Investment
  • Lot 4
  • Auction 27th March 2024
  • Rent £45,600 per Annum Exclusive
  • Status Available
  • Guide* £600,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
3 miles south west of London's West End, 1 mile south of High Street Kensington,
Roads
A3, A4, A205 (South Circular Road)
Rail
Parsons Green, Fulham Broadway Underground Stations (District Line)
Air
London Heathrow Airport, London Gatwick Airport, London City Airport
Situation

The property is located in the highly affluent South-West London district of Fulham some 3 miles from London's West End. The property is prominently situated on the busy Fulham Road within walking distance of Fulham Broadway and Parsons Green Underground Stations. Nearby occupies include a number of high end local retails, restaurants and cafes.

Tenure

Freehold.

Location
Miles
3 miles south west of London's West End, 1 mile south of High Street Kensington,
Roads
A3, A4, A205 (South Circular Road)
Rail
Parsons Green, Fulham Broadway Underground Stations (District Line)
Air
London Heathrow Airport, London Gatwick Airport, London City Airport
Situation

The property is located in the highly affluent South-West London district of Fulham some 3 miles from London's West End. The property is prominently situated on the busy Fulham Road within walking distance of Fulham Broadway and Parsons Green Underground Stations. Nearby occupies include a number of high end local retails, restaurants and cafes.

Tenure

Freehold.

Description

The property comprises a ground floor estate agents shop with basement ancillary accommodation plus a rear yard. The upper three floors provide three flats sold off on long leases.

VAT

VAT is not applicable to this lot.

Note

Notices pursuant to Section 5B of the Landlord & Tenant Act 1987 have been served on the residential tenants.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor estate agents shop with basement ancillary accommodation plus a rear yard. The upper three floors provide three flats sold off on long leases.

VAT

VAT is not applicable to this lot.

Note

Notices pursuant to Section 5B of the Landlord & Tenant Act 1987 have been served on the residential tenants.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
Ground
Basement
Rear Yard
Retail
Ancillary
-
57.04
35.30
-
(614)
(380)
-
PETER WOODS (LONDON) LTD
t/a Peter Woods (1)
10 years from 01/05/2024
(2)(3)
£45,000
01/05/2029
First
Second
Third
Residential
Residential
Residential
-
-
-
-
-
-
INDIVIDUALS Let on 3 separate leases for a term of 125 years from 24/06/1994
£600
25 yearly fixed uplifts
(4)
Total Approximate
Floor Area
 
92.34
(994)
   
£45,600
 

(1) Peter Woods.co.uk Letting Specialists was established in 1996 and specialise in providing residential letting services in the highly south-after areas of South West London (www.peterwoods.co.uk).
(2) The lease provides a tenant option to determine the lease on 01/05/2029 upon serving 6 months written notice.
(3) The original lease was for a term of 12 years from 01/06/2012 at a rent of £40,000 per annum exclusive, the lease has been recently renewed for a further 10 years until 30/04/2034 at a rent of £45,000 p.a.x.
(4) The residential leases provide for fixed rental uplifts to £400 pa from 2044, £800 pa from 2069 and £1,600 from 2094.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    14.03.24
    File Size
    27 MB
    Login to View
  • Brochure
    Updated Date
    27.03.24
    File Size
    4 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Collins Benson Goldhill LLP 26/28 Great Portland Street
London
W1W 8QT
Sammi Hsu 020 7436 5151sh@cbglaw.co.uk  Matthew Webb 020 7436 5151mrw@cbglaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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