Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of joint LPA Receivers Moorfields Corporate Recovery
Property Information
Location
Miles
½ mile north-east of Regent’s Park
1½ miles north of London’s West End
Roads
Camden Road (A503), Camden High Street (A502), A400
Rail
Camden Road Overground Station, Camden Town Underground Station (Northern Line), London Euston and London St Pancras/Kings Cross Railway Stations
Air
London City Airport, London Heathrow Airport
Situation
Camden is a highly fashionable North London suburb famous for its market and Camden Lock which draws a large tourist population to the area. The property is located in a prominent corner position on the east side of the busy Camden Road at its junction with Rousden Street and close to Royal College Street, opposite Camden Road Overground Station. Nearby occupiers include
William Hill, Costa and a number of independent retailers.
Tenure
Freehold.
Location
Miles
½ mile north-east of Regent’s Park
1½ miles north of London’s West End
Roads
Camden Road (A503), Camden High Street (A502), A400
Rail
Camden Road Overground Station, Camden Town Underground Station (Northern Line), London Euston and London St Pancras/Kings Cross Railway Stations
Air
London City Airport, London Heathrow Airport
Situation
Camden is a highly fashionable North London suburb famous for its market and Camden Lock which draws a large tourist population to the area. The property is located in a prominent corner position on the east side of the busy Camden Road at its junction with Rousden Street and close to Royal College Street, opposite Camden Road Overground Station. Nearby occupiers include
William Hill, Costa and a number of independent retailers.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation with a self-contained one bedroom flat on the lower ground floor accessed from the front and a self-contained two bedroom maisonette on the first and second floors accessed from Rousden Street.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are
acting in respect of this sale without personal liability.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail accommodation with a self-contained one bedroom flat on the lower ground floor accessed from the front and a self-contained two bedroom maisonette on the first and second floors accessed from Rousden Street.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are
acting in respect of this sale without personal liability.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Lower Ground
Residential
One Bedroom Flat
VACANT POSSESSION (1)
Ground
Retail/Ancillary
26.01 sq m
(280 sq ft)
THREE AMIGOS SKATE SHOP LIMITED
5 years from 01/04/2013 (3)
£9,600 (2)
31/03/2018
First and Second
Residential
Two Bedroom Maisonette
INDIVIDUALS
Assured Shorthold Tenancy from 01/08/2010
£17,676 (2)
Holding over
Total Commercial Area
26.01 sq m
(280 sq ft)
£27,276 (2)
(1) The flat on lower ground floor was previously let by way of an Assured Shorthold Tenancy from 16th January 2013 at an annualised rent of £11,940 per annum. (2)The rents above have been annualised. (3)The retail accommodation is held by way of a commercial agreement for a term of 5 years at a rent reserved of £800 pcm. The seller is holding a rent deposit.
