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Freehold for Sale 7 HAMMERSMITH ROAD Olympia W14 8XJ Of interest to investors, developers, restauranteurs or retailers RESTAURANT & RESIDENTIAL BUILDING FREEHOLD FOR SALE LOCATION 7 Hammersmith Road is located within the London Borough of Hammersmith & Fulham, an affluent residential area. The property is situated on the south side of Hammersmith Road at its eastern end directly opposite Olympia Exhibition Centre and Olympia Overground station with connections to Clapham Junction to the south and Willesden Junction to the North. West Kensington (District Line) Underground station is a 10 minute walk away and Barons Court Underground station (Piccadilly and District Lines) is a 11 minutes’ walk both located south of the property. The property is situated in the middle of an attractive parade consisting of retail and residential properties. OCCUPIERS 1. Pret a Manger 2. Mirabell Deli and Café 3. St.Paul's Hotel 4. L'Elysee Artisan Café and Patisserie 5. Tesco Express 6. Pizza Express 7. Hand & Flower 8. The Queens Head 9. Virgin Active 2 3 ACCOMODATION FLOOR SIZE SQ FT SQ M Fourth 401 37.27 Third 557 51.71 Second 559 51.93 First 549 51.00 Ground 716* 66.52 Lower ground 856 79.52 Total 3,638 337.98 *Includes external seating at the front of the restaurant measuring 137 sq ft. Roof terrace on the top floor measuring 112 sq ft (10.4 sq m) DESCRIPTION This mid-terrace building is arranged over six floors including basement, ground and four upper floors. The ground and basement was previously trading as a Persian restaurant and PLANNING the upper floors has been arranged as a single The retail accommodation has restaurant A3 residential dwelling over 4-floors benefiting use. The upper parts has residential C3 use from a roof terrace on the top floor. This is a rare opportunity to acquire an entire mixed use retail and residential freehold on FREEHOLD GUIDE PRICE £1.65 million Hammersmith Road, with the opportunity of developing the residential upper parts subject to planning and benefiting from the major redevelopment of Olympia Exhibition Centre which will significantly improve the surrounding area. The property will be sold with full vacant possession. FOR FURTHER INFORMATION PLEASE CONTACT SOLE AGENTS Justin Clack / AlexThomas [email protected] [email protected] Misrepresentation Act 1967: These particulars are believed to be correct but their accuracy is not guaranteed and they do not form part 020 8748 1200 of any contract. Unless otherwise stated, all prices and rents are quoted exclusive of VAT Brochure April 2019 4 HAMMERSMITH ROAD LOWER GROUND FOURTH GROUND FIRST SECOND THIRD FLOOR PLANS 5 0 NEW London Olympia View looking up from Olympia Way to Sky Garden View of Sky Garden View down Olympia Way from entrance on Hammersmith Road … OPPOSITE 7 HAMMERSMITH ROAD OLYMPIA THE NEW BUILDINGS KEY OLYMPIA LONDON 1 PERFORMING ARTS CENTRE 2 THEATRE AND EVENTS SPACE 3 OLYMPIA GRAND Yoo Capital and Deutsche Finance were granted 4 OLYMPIA NATIONAL State of the Art Exhibition Space planning consent in January 2019 to redevelop 5 PILLAR SQUARE - Energy Centre the iconic 133-year-old Olympia London site into 6 CO-WORKING SPACE an arts, entertainment, events and creative 7 FULL SERVICE HOTEL 8 CINEMA - 3 Screens Art House Cinema business quarter. The 14-acre site will include: 9 PILLAR HALL - Restaurant Space 10 OLYMPIA WAY - Retail, Incubator Offices and - 1,500 seat theatre Community Centre 11 NATIONAL BOUTIQUE HOTEL - A 1,000 seat performance arts venue 12 SKY GARDEN - 38 Food and Beverage - A four-screen cinema Concepts 13 OLYMPIA SQUARE - 2 acres of Rooftop - Two hotels, restaurants and cafes Gardens and Food Markets - 670,000 sq ft of creative office space 14 OLYMPIA LOGISTICS CENTRE - 2.5 acres of new public 15 1 OLYMPIA SQUARE - Creative Offices and space Conference 16 PUBLIC SPACE - Route underneath 1 Olympia The £1 billion project will commence Q1 2020 Square to Hammersmith Road and scheduled to complete in 2023. 6 .
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