500 Chiswick High Road is located in an excellent, prominent situation in Chiswick town centre. It is 5 minutes’ walk from Chiswick Park Underground Station and 4 minutes’ walk east of the Gunnersbury Overground and Underground stations (District Line). Turnham Green is a short walk from the property providing public outdoor space. Chiswick High Road benefits from a generous retail offering a wide selection of cafes, pubs and restaurants nearby.

Two offices available on the ground floor of this, brand new, luxury residential scheme at 500 Chiswick High Road developed by Redrow. Unit 1 is an open plan office with contemporary exposed services and Unit 2 is a fully fitted office space ready for immediate occupation. These offices provide an opportunity to find an office to rent in Chiswick.

Key Features
• Fully fitted office space
• Mechanical heating/cooling system
• WCs incl. shower facilities
• Premium wood flooring with built in floor box power
• Glazed meeting spaces

Availability

Unit 1

Size: 1,792 ft2
Status: Available
Rent: £42.50 per sq ft


Unit 2

Size: 2127 ft2
Status: Available
Rent: £42.50 per sq ft


Contact information
Name: Alex Thomas
Phone number: 020 8748 1200
Email: athomas@frostmeadowcroft.com

The existing property is a 3 storey building comprising a pub across basement and ground floor level and a 23 room Hotel across first and second floor extending to 10,200 sqft GIA.

The property is located on Woolwich Road and is approximately a 2 minute walk from Charlton Overground Railway Station which provides services into London Bridge in 22 minutes.

The building is situated on a landmark corner plot and is a 2 minute walk from Charlton Athletic Football Club (The Valley) with seating capacity for 27,111 and hosting regular matches.

Planning permission was granted in August 2017 for 8 x flats and 2 x commercial units. Planning reference: 15/2272/FUL.

Planning permission has been submitted utilising the same massing as the approved residential scheme for the conversion of the existing hotel and construction of a third floor to create a 60 room hotel and retention of the original pub at ground floor level. Planning reference: 18/2673/F.

The proposal involves conversion of existing hotel with side extension and erection of an additional floor to accommodate 60 hotel rooms. At ground floor level the public house will be refurbished, with the smaller function room being converted into additional hotel rooms. The remaining ground floor will comprise 12 x rooms . There will be 17 x rooms at both first and second floor and 14 x rooms at roof level.

The proposal will extend to 17,771 sqft GIA.

We are aware that the existing hotel charges a blended rate of £60 per night giving the hotel an ERV of c. £503,000 pa. Based on Comparable evidence we are of the opinion that the 60 unit scheme finished to a good specification would be able to achieve a blended rate per night of £120 giving it an ERV of £2,628,000. (this is based on 100% occupancy).

The property is available freehold with vacant possession.

We are aware that the property is not elected for VAT.