199 Munster Rd
London SW6 6BX
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Prominent Corner Position
  • Located In Highly Affluent And Vibrant London Borough
  • Variety Of Independent Retailers, Restaurants, Bars Nearby

EXECUTIVE SUMMARY

RARE LEISURE INVESTMENT OPPORTUNITY
LET UNTIL NOVEMBER 2038 WITHOUT BREAK
- The London Borough of Hammersmith and Fulham is a highly affluent and vibrant borough in West London.
- The property occupies a prominent corner position on the western side of Munster Road.
- Let to SGGF Investment Ltd (t/a Al Gusto) until November 2038 without break.
- The upper floors comprise two residential flats which have been sold off on long leaseholds.
- Current passing rent of £40,000 per annum.
- Freehold.
The property occupies a prominent corner position on the western side of Munster Road, at its junction with Kingwood Road. Occupiers in close proximity to the subject property include a variety of local independent retailers, restaurants and bars.
The property comprises an end terrace building of tradition brick construction. The ground and basement floors accommodate the existing restaurant, with the upper floors comprising residential accommodation, which have been sold off on long leaseholds.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
1,361 SF
Building Class
B
Year Built
1952
Price
£575,000
Price Per SF
£422.48
Net Initial Yield
6.63%
NOI
£38,100
Tenancy
Single
Number of Floors
2
Slab to Slab
10 ft
Building FAR
0.52
Lot Size
0.06 AC
Frontage
11 ft on Kingwood Rd

AMENITIES

  • Bus Route
  • Restaurant
  • Signage
  • Storage Space
  • Listing ID: 31972908

  • Date on Market: 31/05/2024

  • Last Updated:

  • Address: 199 Munster Rd, London SW6 6BX