24 Camden Road
Camden Town
London
NW1 9DP

Virtual Freehold Retail Investment

  • Highly Fashionable, Busy North London suburb
  • Approximately 100 metres from Camden Town Underground Station
  • Neighbouring occupiers include, Sainsbury's, HSBC, NatWest, Barclays, Subway and vibrant mix of street markets and independent retailers
  • Lot
    19
  • Auction
    04/Nov/2021
  • Rent
    £30,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £401,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • 24 Camden Road, Camden Town, London, NW1 9DP
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
0.5 miles north-east of Regents Park
1.5 miles north of Londons West End
Roads
Camden Road (A503),
Camden High Street (A502), A400
Rail
Camden Town Underground Station
(Northern Line), Camden Road Overground Station, 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 prominently located on the south side of the busy Camden Road, approximately 100 metres from Camden Town Underground Station. Neighbouring occupiers include, Sainsbury's, HSBC, NatWest, Barclays, Subway and a vibrant mix of street markets and independent retailers

Tenure

Virtual Freehold. Held on a lease for 999 years from completion at a peppercorn rent.

Description

The property comprises ground floor retail accommodation, lower ground ancillary accommodation and forms part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Please see legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReview/
(Reversion)
Ground
Lower Ground
Retail
Ancillary
50.00 sq m
22.00 sq m
(538 sq ft)
(237 sq ft)
HAZY TRAILS
LTD t/a Vapella
(1)
15 years from
02/07/2009 on a full
repairing and
insuring lease
£30,000(23/06/2024)
Total
72.00 sq m
(775 sq ft)
  £30,000 

(1) Vapella is a UK based quality Vape product brand that owns a chain of shops and franchises. (www.vapella.com)

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    15.10.21
    File Size
    716 KB
    View PDF
  • Site Plan
    Updated Date
    15.10.21
    File Size
    852 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Fahri LLP Suite 4, 2nd Floor, , Prince of Wales House 3 Bluecoats Avenue
Hertford
SG14 1PB
Roumiana Dimitrova 01992 350 172roumiana@fahrillp.com

Useful Links

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