Smiths House is a prime commercial investment opportunity located at the prominent corner of West Cromwell Road and North End Road in Kensington, London. This well-positioned property comprises 7 fully let retail units with strong rental income and clear upside potential.
The units feature street-facing frontages with basement storage, appealing to a variety of retail and dining businesses. Located in a vibrant, high-footfall area surrounded by shops, restaurants, and amenities, the property enjoys excellent transport links including West Kensington Underground Station just a short walk away.
Key features include a total area of approximately 17,400 sq ft, competitive market rents in the £45–£49 per sq ft range (ground floor) and £20–£25 per sq ft (basement), and significant potential for rental growth as most leases approach review or renewal dates. This makes Smiths House an exceptional opportunity for investors seeking secure income with long-term growth in one of London’s most prestigious districts.
**Key Features:**
– Guide Price: £5 million
– Current annual rent: £234,500
– Total area approx. 17,400 sq ft (6,332 sq ft ground + 11,091 sq ft basement)
– Market rent potential: approx. £410,000 p.a.
– Market rent: £45–£49 per sq ft (ground floor), £20–£25 per sq ft (basement)
– Prime Kensington location
– 7 retail units with street frontage
– Excellent transport connections
– Vibrant, high-footfall area
The property features street-facing shop fronts with basement storage and benefits from heavy foot traffic in one of London’s most sought-after districts. Nearby amenities include upscale shopping, popular restaurants, and excellent transport links with West Kensington Underground Station just a short walk away.
Investment Highlights:
– Prime Kensington location with high foot traffic and visibility
– 7 fully let retail units with street-facing frontage and basement storage
– Total area approx. 17,400 sq ft (6,332 sq ft ground + 11,091 sq ft basement)
– Current annual rent: £234,500
– Market rent potential: approx. £410,000 p.a.
– Most leases granted at below-market rents during COVID
– Upcoming lease reviews/renewals provide strong uplift potential
– Close to West Kensington Underground Station
– Surrounded by vibrant shops, dining, and amenities
– Rare opportunity to acquire a mixed-use block in a premium London postcode
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