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 4th November 2021
Rent £30,000 per Annum Exclusive
Status Sold
Price £401,000
Sector High Street Retail
Auction Venue Live Streamed Auction
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.
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
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
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (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 £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
