• To be sold by clicktopurchase® Best Offers by 2.00pm on Thursday 24th June 2021, unless sold prior.

• On behalf of Receivers, acting as agent without personal liability

• Mixed Commercial/Residential property within Fulham

• Busy thoroughfare

• Good transport links

• The attention is drawn to the fact that access to all areas of the property may not be possible prior to completion

• Replies to standard enquiries will not be provided as part of the conveyancing process

• The property will be sold as seen. No express or implied warranties or representations are given.

• Any prospective owner must be prepared to undertake robust asset management initiatives to regularise the basis upon which any commercial and residential occupants remain in situ.

• The guide price has been set realistically to reflect significant opportunities to build a sustainable income stream and enhance value

• Offers strictly in excess of £815,000, subject to contract

The property occupies a central position along North End Road in the heart of North Fulham.

The property benefits from excellent communications links being within an 8-minute walk from West Brompton Underground and National Rail station (District Line and West London Line). Fulham Broadway Underground Station (District Line) is approximately 1 mile (1.6 km) from the property. Numerous bus routes also serve the area providing easy access to Chelsea, Knightsbridge, the West End and other parts of London.

North End Road is an established location occupied by a mix of national and independent retailers. Businesses in the vicinity include The Co-operative food (adjacent), The Gym, CEX, Greggs, McDonald’s, Superdrug, Betfred and Iceland.
North End Road market extends to the outside of the property.
Stamford Bridge football stadium, the home of Premier League’s Chelsea Football Club, is approximately 0.6 miles (0.97 km) from the property. The Hurlingham Club is less than 1.8 miles (2.9 km) from the property. Set in 42 acres of grounds it is recognised throughout the world as one of Britain’s most exclusive private members clubs.

It should be noted that neither we nor our client have been able to inspect all the property.

The property comprises a two storey mid-terraced building fronting North End Road consisting of a large retail unit which has been split into seven kiosk units at ground floor level with residential accommodation on the first floor.

We are advised planning permission exists for a two-bedroom flat on the first floor. However, it should be noted that in the absence of being able to identify the planning permission, appropriate insurance has been organised for the benefit of a purchaser. Furthermore, we believe that the flat has been unlawfully split into three self-contained studio flats; we have been unable to gain access to inspect.

It is believed that the residential element on the first floor is accessed via a metal gate fronting onto Clem Attlee Court with a metal staircase accessing a flat roofed area.
We are advised that the commercial kiosks operated as follows in recent times, prior to the disruption caused by the coronavirus lockdown. However, their current status is uncertain.

Freehold.

We are advised that the income derived from the property was as follows, prior to the disruption caused by the coronavirus lockdown. However, the current status is uncertain and no representations or warranties, express or implied, are given to prospective purchasers.

Our client understands that the income derived from the retail units is currently £71,400. However, in accordance with the attached tenancy schedule it should be noted that lease expiry dates have passed; our client is unable to determine if the leases have renewed at the same rents, nor the current position with regards to rent payments.

The property has not been elected for VAT.

We are instructed to seek offers in excess of £815,000, subject to contract.

• The attention is drawn to the fact that access to all areas of the property may not be possible prior to completion

• Replies to standard enquiries will not be provided as part of the conveyancing process

• The property will be sold as seen. No express or implied warranties or representations are given.

• Any prospective owner must be prepared to undertake robust asset management initiatives to regularise the basis upon which any commercial and residential occupants remain in situ.

• The guide price has been set realistically to reflect significant opportunities to build a sustainable income stream and enhance value

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