Competitive Bidding For Chiswick Sale

Forge has successfully advised CBRE Investment Management on the sale of 216-226 Chiswick High Road, following a competitive bidding process.

The property occupies a 100% prime retail position in one of West London’s most affluent and sought-after locations, immediately adjacent to the recently refurbished Marks and Spencer Foodhall.

The attractive freehold investment extends to approximately 9,750 sq ft, producing a total income of £340,000 per annum, with 65% secured to Waterstones Booksellers Limited until June 2030. The property also offers longer-term asset management potential through potential re-development or reconfiguration of the upper parts.

Jonathan Mills commented:

“It was great to achieve a successful sale outcome for our longstanding client, CBRE Investment Management. The property attracted very competitive bidding from a range of UK based and overseas investors, culminating in a successful sale to a UK based family property company. Forge have been extremely active in the SW London retail market in recent months and we look forward to continuing this strong run with a number of further forthcoming sales in the area”.

For further information on this transaction, or to discuss Forge’s upcoming sales and investment opportunities, please contact Jonathan Mills, Joe Baio or Georgia Welch.