163 Kensington High Street

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163 High Street Kensington
LONDON W8 6SU

Investment Summary

Freehold.
Located in a prime location on Kensington High Street.
Let to Hotel Chocolat Stores Limited until May 2016 with an
AGA from DSG Retail Limited.
Passing rent £277,246 pa.
Retail over basement and ground floors.
Residential accommodation on first and second floor on regulated Tenancies offering potential to extract significant value.
Potential for further residential development, subject to the necessary consents.
Seeking offers in excess of £5,240,000, subject to contract.
A purchase at this level reflects a Net Initial Yield of 5.00% adopting purchaser’s costs of 5.8%.