Real Estate · For Sale
6 bedroom terraced house for sale
Price
£2,500,000Location
Earls Court Road, London SW5 · London · SW5 9QQ · GB
Bedrooms
6
Bathrooms
6
Receptions
6
Type
houses
About this property
Rental Investment Opportunity
Mixed Use Freehold containing commercial premises on ground and lower ground and three upper floors of residential.
The commercial unit is currently rented to Smoke and Pepper a renowned restaurant chain with 21 additional franchises across the UK.
Key Highlights of the commercial lease :
Item Lease details
Property 166 Earl's Court Road, London SW5 9QQ
Landlord Benito Marella
Tenant Bun & Butter Limited (Company No. 16279333)
Lease date 3 February 2026
Contractual term 15 years, expiring February 2041
Tenant's break option February 2036, subject to at least six months' written notice
Year 1 rent 65,000 per annum
Year 2 rent 70,000 per annum
Years 3–5 rent 75,000 per annum
Rent reviews Fifth and tenth anniversaries, on an upward-only open-market basis unless otherwise agreed
Permitted use Restaurant within Class E, with ancillary takeaway
Rent payments Quarterly in advance
VAT Rents expressed exclusive of VAT
Full Lease available on request
This unit was completely refurbished by the current tenant just before their tenancy began.
The three storeys of residential units contain 3 one-bedroom flats and 3 studios. All are self-contained and rented via tlc Estate Agents. Tenancy agreements available on request. The combined annual rent of these 6 units is currently 109,019.04. The condition of each flat varies but some have been refurbished recently and are all fully compliant. Heating is only electric in each.
The combined rental income is therefore 179,019.04 pa
Buyer to purchase as a going concern without vacant possession
Please call us for a private viewing appointment. Offers to be received in writing by Wednesday 28th October by 12 noon.
Commercial Unit:
Ground and Lower Ground: Currently rented at 70,000 per year on a 15-year lease with a 10-year break clause. Started 7 months ago.
Residential Upper Floors:
1st Floor
Flat 1: Studio. 255 square feet. Fair condition. Currently rented at 1,600/month (19,200 per year)
Flat 2: One Bed. 240 sq ft. Very good condition. Currently rented at 1,600/month (19,200 per year)
2nd Floor
Flat 3: One Bed. 323 sq ft. Good condition. Currently rented at 1,609.92/month (19,319.04 per year)
Flat 4: Studio. 222 sq ft. Fair condition. Currently rented at 1,300/month (15,600 per year)
3rd Floor
Flat 5: Studio. 283 sq ft. Good condition. Currently rented at 1,500/month (18,000 per year)
Flat 6: Studio. 277 sq ft. Good condition. Currently rented at 1,475/month (17,700 per year) * New Tenancy being agreed at an increased rent of 1650/month (19,800 pa)
• Tenure: Freehold
• Ground Rent: n/a
• Service Charge: n / a
• EPC Rating: All available on request
• Council Tax Band: available on request
• Local Authority: Royal Borough of Kensington & Chelsea
Details are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
tlc Estate Agents are a NAEA & RICS registered agent with Client Money Protection and Members of The Property Ombudsman.