The Power House, 70 Chiswick High Road, W4 1SY

The Power House, 70 Chiswick High Road, London W4 1SY
Offices, Recording Studio & Flats

  • Freehold
  • The Power House provides a rare opportunity to acquire an iconic and award winning recording studio that is renowned to be a global leader in the industry
    Well located just off Chiswick High Road within 7 minutes walk from Turnham Green Underground Station (District Line & Piccadilly Line)
  • The building comprises offices and recording studios with a net lettable floor area of 21,268 sq. ft and a Gross internal floor area of 48,742 sq ft. Constructed within the roof, with a separate access, are 19 flats which have been sold off on long lease
  • The property is let to Metropolis London Music Ltd with a guarantee from Industication Inc Ltd for a term certain of circa 19.75 years
  • The passing rent is £548,054 pax equating to an economical £25.76 per sq. ft. The lease is subject to rent review in November 2026 and 5 yearly thereafter. The rent reviews are linked to RPI with a cap and collar at 2.00% & 5.00%
  • Potential to increase the net lettable floor area by circa 38%
  • We are instructed to seek offers in excess of £7,900,000 subject to contract and exclusive of VAT, which reflects a net initial yield of 6.5% increasing to minimum reversionary yield of 7.6% in November 2026.  This price equates to a capital value of £371 psf on the net area and only £162 psf on the gross floor area.

 

Location: Chiswick, London
Type:
Office
Alternatives
Residential
Value: £7.900,000
Link(s):

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Cyril Leonard

Collaborative. Property. Expertise