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118 King St 2,233 sq ft Retail Property London W6 0QP £875,000 (£391.85/sq ft)
Investment Highlights
- Betting Office Investment with three flats above sold off and expires in 2086.
- Potential to extend the lease of Flat 3 (2).
- Well located close to Marks and Spencer and Starbucks.
- VAT is not applicable.
- Let to Power Leisure Bookmakers Limited (t/a Paddy Power) until 2035 (1).
- 0.3 miles from both Hammersmith and Ravenscourt Park Station.
- Six Week Completion Available.
- Investment let at £66,700 p.a. (7.62% GIY on guide).
Executive Summary
Lot 216 is available by way of Savills Online auction 22nd April 2026.
Freehold Betting Office/Shop Investment Let to Power Leisure Bookmakers Limited (t/a Paddy Power) until 2035 (1) with three flats above which have been sold off on long leases, one of which expires in 2086. Total Current Rents £66,700 p.a.
Freehold Betting Office/Shop Investment Let to Power Leisure Bookmakers Limited (t/a Paddy Power) until 2035 (1) with three flats above which have been sold off on long leases, one of which expires in 2086. Total Current Rents £66,700 p.a.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,233 sq ft
Costar Property Class
B
Year Built
1887
Price
£875,000
Price per sq ft
£391.85
Tenancy
Single
Number of Floors
5
Floor To Floor Height
10 ft
Plot ratio
1.12
Total Plot Size
0.05 ac
Frontage
21 ft on King St
Amenities
- 24 Hour Access
- Signage
1 1
Nearby Major Retailers
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118 King St
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