130 Allitsen Road St. John's Wood London NW8 7AU

130 Allitsen Road
St. John's Wood
London
NW8 7AU

  • 130 Allitsen Road<br>St. John's Wood<br>London<br>NW8 7AU

Rare Freehold Retail and Residential Investment Opportunity

  • Retail unit with three x 1 bedroom residential flats above all let on AST's
  • Highly prestigious and affluent North West London location
  • Immediate proximity to St. John’s Wood High Street and Lords Cricket Ground
  • Nearby occupiers include The Ivy Café, Zadig & Voltaire, Space NK and Boots
  • Lot
    9
  • Auction
    12/Jul/2022
  • Rent
    £92,880 per Annum Exclusive
  • Status
    Available
  • Price*
    £1,750,000
  • Sector
    High Street Retail/Residential
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

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

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 district situated just north of Regent’s Park and is home to the world famous Lords Cricket Ground. 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, Zadig & Voltaire, Space NK, Boots and a host of many upmarket independent retailers.

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 district situated just north of Regent’s Park and is home to the world famous Lords Cricket Ground. 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, Zadig & Voltaire, Space NK, Boots and a host of many upmarket independent retailers.

Tenure

Freehold.

Description

The property forms part of an attractive terrace and comprises a striking five storey building. Internally, the property provides a ground floor and basement retail unit with three self-contained residential flats located on first, second and third floors. The residential accommodation is accessed via Allitsen Road.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion.

EPC

Available within the legal pack.

Description

The property forms part of an attractive terrace and comprises a striking five storey building. Internally, the property provides a ground floor and basement retail unit with three self-contained residential flats located on first, second and third floors. The residential accommodation is accessed via Allitsen Road.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion.

EPC

Available within the legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx sq m) Floor Areas (Approx sq ft) Tenant Term Rent p.a.x. Rent Review / (Reversion)
130 Ground
Basement
Retail
Retail
46.44
51.56
(501)
(555)
LAVISH HAIR AND BEAUTY LIMITED (1) 10 years from 04/06/2014 (2)(3)
£36,000
(03/06/2024)
Flat 1 First Residential
1 Bed Flat
  INDIVIDUAL 1 year AST from 31/03/2022
£20,280
(30/03/2023)
Flat 2 Second Residential
1 Bed Flat
  INDIVIDUAL 2 year AST from 30/12/2021 (4)
£19,200
(29/12/2023)
Flat 3 Third Residential
1 Bed Flat
  INDIVIDUAL 1 year AST from 24/09/2021
£17,400
(23/03/2022)
Total Commercial Floor Area    
98.00
(1,056 sq ft)
   
£92,880
 

(1) https://lavishhairbeautyclinic.com
(2) A rent deposit of £9,000 is held by the vendor.
(3) The lease has been assigned from Shaman Enterprises Limited.
(4) The lease provides a mutual option to determine from 29/12/2022 on not less than 2 months’ notice.

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.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    27.06.22
    File Size
    33 MB
    Login to View
  • Brochure
    Updated Date
    22.06.22
    File Size
    4 MB
    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
Charlie PowterCharlie Powter +44 (0)20 7034 4853 +44 (0)7768 120 904charlie.powter@acuitus.co.uk
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Seller's Solicitors
Fladgate LLP 16 Great Queen Street
London
WC2B 5DG
Nathan Carter-Smith +44 (0)20 3036 7000ncarter-smith@fladgate.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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