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Investment property with advertising hoarding

Hammersmith and Fulham, SW6 - Get Access

Description

A long leasehold interest comprising the flank wall of a mixed-use building arranged over ground and two upper storeys. The wall accommodates an established commercial advertising structure operating since 2002 as a 48-sheet digital advertising display. Situated on the south side of Lillie Road near its junction with Pellant Road, adjacent to Sir John Lillie Nursery and Primary School within the London Borough of Hammersmith and Fulham. Lillie Road forms part of the A3218, running west from West Brompton towards Fulham Palace Road, intersecting with North End Road and Munster Road. The immediate vicinity comprises a mixed-use commercial and residential locality benefitting from substantial pedestrian and vehicular traffic. The advertising hoarding is let to JCDecaux UK Limited by way of a renewal lease for a term of 10 years commencing 19 August 2024, at a current passing rent of £11,500 per annum, payable quarterly.