130 Allitsen Road St Johns Wood London NW8 7AU

  • 130 Allitsen Road<br>St Johns Wood<br>London<br>NW8 7AU

130 Allitsen Road
St Johns Wood
London
NW8 7AU

Prime Freehold Retail and Residential Investment

  • Retail unit with three residential flats above all let on ASTs
  • Highly prestigious and affluent North West London location
  • Immediate proximity to St John’s Wood High Street
  • Nearby occupiers include The Ivy Café, Holland & Barrett, Space NK and Boots
  • Lot
    9
  • Auction
    5th December 2018
  • Rent
    £82,340 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Prime Freehold Retail and Residential Investment

  • Retail unit with three residential flats above all let on ASTs
  • Highly prestigious and affluent North West London location
  • Immediate proximity to St John’s Wood High Street
  • Nearby occupiers include The Ivy Café, Holland & Barrett, Space NK and Boots
  • Lot 9
  • Auction 5th December 2018
  • Rent £82,340 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
1.5 miles north of London’s West End
Roads
A41 Wellington Road/Finchley Road
Rail
St John’s Wood Underground Station
(Jubilee Line)
Air
Heathrow, Luton and City Airports
Situation

St John’s Wood is a highly affluent and prestigious North London residential district situated just north of Regent’s Park. The property occupies a prominent position on Allitsen Road, close to its junction with St John’s Wood High Street. The property is a five minute walk from St John’s Wood Underground, which provides access to the Jubilee Line. Nearby occupiers include The Ivy Café, Holland & Barrett, Space NK and Boots.

Tenure

Freehold.

Location
Miles
1.5 miles north of London’s West End
Roads
A41 Wellington Road/Finchley Road
Rail
St John’s Wood Underground Station
(Jubilee Line)
Air
Heathrow, Luton and City Airports
Situation

St John’s Wood is a highly affluent and prestigious North London residential district situated just north of Regent’s Park. The property occupies a prominent position on Allitsen Road, close to its junction with St John’s Wood High Street. The property is a five minute walk from St John’s Wood Underground, which provides access to the Jubilee Line. Nearby occupiers include The Ivy Café, Holland & Barrett, Space NK and Boots.

Tenure

Freehold.

Description

The property, an attractive five storey building, comprises a ground floor and basement retail unit and three self-contained residential flats located on first, second and third floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D. See legal pack at acuitus.co.uk.

Description

The property, an attractive five storey building, comprises a ground floor and basement retail unit and three self-contained residential flats located on first, second and third floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D. See legal pack at acuitus.co.uk.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
130 Ground
Basement		 Retail
Retail
46.44 sq m
51.56 sq m
(501 sq ft)
(555 sq ft)
 SHAMAN
ENTERPRISES
LIMITED t/a The
Beauty Centre (1)		 10 years from
04/06/2014		 £32,000 04/06/2019
(03/06/2024)
Flat 1 First Residential
1 Bed Flat
 INDIVIDUAL 2 year AST
from
01/11/2017 (2)		 £16,120 (31/10/2019)
Flat 2 Second Residential
1 Bed Flat
 INDIVIDUAL 1 year AST
from
01/08/2018		 £17,420 (31/07/2019)
Flat 3 Third Residential
1 Bed Flat
 INDIVIDUAL 3 year AST
from
11/09/2018 (3)		 £16,800 (10/09/2021)
Total Commercial Area:
98.00 sq m
(1,056 sq ft)
     £82,340  

(1) www.thevipbeautyclub.com
(2) The lease provides a tenant option to determine from 01/02/2019 on not less than 2 months’ notice.
(3) The lease provides a mutual option to determine from 10/09/2019 on not less than 2 months’ notice.

NB. In accordance with the Estate Agents Act 1979, a member of ADS Real Estate is a connected person to the vendor.

Contacts

Associate Auctioneers
ADS Real Estate Advisors 6 Brook Street
London
W1S 1BE
Simeon Cohen (0)20 3418 2050simeon@adsre.co.uk
Seller's Solicitors
Fladgate LLP 16 Great Queen Street
London
WC2B 5DG
James Norton (0) 20 3036 7407 jnorton@fladgate.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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