The property is located in the heart of Kentish Town on the east side of Kentish Town Road directly opposite Tesco Express. Kentish Town Road is a busy high street directly linking Kentish Town with Camden High Street.
The area provides an abundance of leisure, shopping & entertainment facilities, in addition to the numerous bars, restaurants & well renowned music venues. The property is situated in a thriving part of a busy thoroughfare with an array of occupiers, which include Gail's Bakery, Nando's. Lidl, Boots Pharmacy and Superdrug in close proximity.
The location has superb travel and communication links. Kentish Town (Thameslink, London Underground - Northern Line) and Kentish Town West (London Overground) are both within 400m to the north and west of the property respectively. Camden Town (London Underground - Northern Line) is 850m to the south.
There are numerous bus services running in the immediate vicinity, which connect directly to both the West End and City.
Gross internal area 66.98 sq.m. /720 sq.ft.
Total income passing p.a.: £27,800
The subject property comprises a four storey mixed use mid terrace building, comprising a ground floor commercial unit and two self contained residential flats on first, second and third floors.
The ground floor commercial unit comprises a lock up shop unit, arranged as a retail unit with ancillary storage and office to the rear. There is a rear covered yard with an external W/C and pedestrian gate to the rear service road.
The residential upper parts have been sold off on 125 year long leases.
Copies of the various leases are available to download from our website.
Freehold for sale subject to the occupational lease to Oxfam on the ground floor, with a passing rent of £27,350pa and the two 125 year leases in respect of the first floor and second & third floor flats (166A and 166B) with a combined passing ground rent of £450pa.
Rateable value: £24,500
Estimated Rates Payable: £11,760 per annum
Service charge: TBC
Local authority: London Borough of Camden