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Investment Highlights
- Let to Philip Morris
- Current passing of £175,000 p.a.
- Virtual freehold (999 years lease)
- Lease outside L&T act
Executive Summary
- Virtual freehold retail unit of 779 sq ft - Let to Philip Morris until 29/04/2028 (break: 01/04/2027) for £175,000 p.a. - Lease outside L&T act
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Sale Type | Investment |
| Tenure | Long Leasehold |
Description
The property occupies a prominent corner site at the junction with Wrights Lane, just metres from High Street Kensington Underground Station (Circle & District lines), ensuring exceptional connectivity and visibility.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Retail 133 | 795 SF | Retail | $4,200,030 ($5,283.06/SF) | - |
Unit Retail 133
| Unit Size |
| 795 SF |
| Condo Use |
| Retail |
| Price |
| $4,200,030 ($5,283.06/SF) |
| NOI |
| - |
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Unit Retail 133
| Unit Size | 795 SF |
| Condo Use | Retail |
| Price | $4,200,030 ($5,283.06/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Description | |
| The property occupies a prominent corner site at the junction with Wrights Lane, just metres from High Street Kensington Underground Station (Circle & District lines), ensuring exceptional connectivity and visibility.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,895 SF | Floors | 5 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,447 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1922 |
| Building Class | C | Lot Size | 0.18 AC |
| Total Building Size | 2,895 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 1,447 SF |
| Year Built | 1922 |
| Lot Size | 0.18 AC |
Amenities
- Storage Space
1 1
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| IQOS |
-
|
May 2028
|
Nearby Major Retailers
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133 Kensington High St
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