Sold

Mixed-use riverside investment with residential planning permission on Hammersmith Embankment

Thames Wharf Studios, Rainville Road, Hammersmith, London W6

Sold in the region of £40,000,000

Property Types:
Commercial, Mixed, Residential
Sub Type:
Office
Tenure:
Freehold
Net Initial Yield:
c. 5.25%
Site Area:
46,706 sq.ft

Description

  • Freehold
  • Totalling 46,706 sq ft of accommodation (office, restaurant and residential) across six blocks, with 42 car parking spaces, on a 0.98 acres site
  • Prominent riverside location with 110m of River Thames frontage
  • Multi-let to a diverse tenant base producing a rental income of £2,244,041 per annum (average passing rent of £47 on let space)
  • Tenants include Olivier Mythrodrama, M.i.H Jeans and Re:Source Global
  • Restaurant home to internationally renowned Michelin starred The River Café who have been in occupation for over 30 years
  • Planning permission granted for residential led redevelopment that would increase massing by c. 65% (to 87,607 sq ft GIA)