Busy and attractive building adjacent to Finchley Road underground station
Located off of Finchley Road in Hampstead
VAT free investment
Neighbouring occupiers include, Pret a Manger, Tortilla, Subway, Waitrose and the O2 shopping and entertainment centre
Lot 32
Auction 27th March 2025
Rent £25,000 per Annum Exclusive
Status Available
Guide* £290,000
Sector Retail, High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
2 miles north-west of Regent’s Park, 3 miles north-west of the West End of London
Roads
A41, A406, M1, A1
Rail
Finchley Road, West Hampstead and Kilburn Underground Stations and West Hampstead Thameslink
Air
London Heathrow Airport
Situation
Canfield Gardens is situated on the west side of the very busy Finchley Road (A41), between Finchley Road underground station and a large Waitrose. The property is situated on the north side of Canfield Gardens, between its junctions with Canfield Place and Broadhurst Gardens. Neighbouring occupiers include, Pret a Manger, Tortilla, Subway, Waitrose and the O2 shopping and entertainment centre
Tenure
Long Leasehold. Held for a term of 80 years from Completion of the Sale at a fixed Peppercorn rent.
Location
Miles
2 miles north-west of Regent’s Park, 3 miles north-west of the West End of London
Roads
A41, A406, M1, A1
Rail
Finchley Road, West Hampstead and Kilburn Underground Stations and West Hampstead Thameslink
Air
London Heathrow Airport
Situation
Canfield Gardens is situated on the west side of the very busy Finchley Road (A41), between Finchley Road underground station and a large Waitrose. The property is situated on the north side of Canfield Gardens, between its junctions with Canfield Place and Broadhurst Gardens. Neighbouring occupiers include, Pret a Manger, Tortilla, Subway, Waitrose and the O2 shopping and entertainment centre
Tenure
Long Leasehold. Held for a term of 80 years from Completion of the Sale at a fixed Peppercorn rent.
Description
The property comprises a ground floor lock up shop which forms part of a larger building.
VAT
VAT is not applicable to this lot.
Completion Period
6 weeks
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor lock up shop which forms part of a larger building.
VAT
VAT is not applicable to this lot.
Completion Period
6 weeks
EPC
The EPC will be available to view online in the solicitor’s 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)
8
Ground
Retail
26.20
(282) (1)
INDIVIDUAL t/a Dany's Barber
20 years from 17/04/2017
£25,000
2027 and 5 yearly
(1) The floor areas stated above are those published by the Valuation Office Agency at https://www.tax.service.gov.uk/business-rates-find/back-to-list-valuations .
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
