Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a prime, rarely available, retail investment opportunity situated on one of London's busiest retail streets.
Arranged as a ground floor and basement retail unit, J F Store Investments Limited (t/a American Dry Cleaning Company) on a 10 year lease expiring 23.01.2031 and paying £27,500 per annum.
The property occupies a prime pitch fronting Kings Road, one of London's best known retail streets in the heart of Chelsea. The property forms part of an established parade characterised by a mix of local and boutique retailers as well as a number of bars and restaurants, with the famous Bluebird Restaurant immediately opposite. The street benefits from very high levels of footfall and low vacancy.
Tenure
Long Leasehold - Expires 20.06.2076 - Peppercorn Rent
Tenancy
The property is let to J F Store Investments Limited (t/a American Dry Cleaning Company) on a 10 year lease expiring 23.01.2031 and paying £27,500 per annum.
The lease is on effective full repairing and insuring terms and includes a tenants break option in the 5th year.
Rent
Notes
We understand the property is elected for VAT.