North London Freehold Public House and Residential Investment
Public House in Affluent North London (Zone 2) Location
Comprises a Public House and Self Contained Residential HMO
Pub let on a 10 year lease until June 2034 (no breaks)
Separately access residential HMO let until September 2027
Total gross internal area of 433.00 sq m (4,660 sq ft)
Popular and busy residential position
Kentish Town, Kentish Town West, Chalk Farm and Belsize Park stations all within walking distance
Lot 16
Auction 10th July 2025
Rent £106,000 per Annum Exclusive
Status Available
Guide* £1,500,000
Sector Public House, Residential
Auction Venue Live Streamed Auction
Property Information
Location
Miles
750 metres south of Hampstead Heath, 0.7 miles north of Primrose Hill
Roads
A502
Rail
Kentish Town Railway Station (Northern and Thameslink), Kentish Town West (Overground), Chalk Farm (Northern), Belsize Park (Northern)
Air
London Heathrow Airport, London Luton Airport
Situation
Kentish Town is a highly fashionable and affluent north London suburb approximately 2.4 miles north of London's West End. The property is situated in a predominantly residential area on the junction of Southampton Road and Grafton Terrace. The property benefits from excellent connectivity with Kentish Town, Kentish Town West, Chalk Farm and Belsize Park stations all being located within walking distance.
Tenure
Freehold.
Location
Miles
750 metres south of Hampstead Heath, 0.7 miles north of Primrose Hill
Roads
A502
Rail
Kentish Town Railway Station (Northern and Thameslink), Kentish Town West (Overground), Chalk Farm (Northern), Belsize Park (Northern)
Air
London Heathrow Airport, London Luton Airport
Situation
Kentish Town is a highly fashionable and affluent north London suburb approximately 2.4 miles north of London's West End. The property is situated in a predominantly residential area on the junction of Southampton Road and Grafton Terrace. The property benefits from excellent connectivity with Kentish Town, Kentish Town West, Chalk Farm and Belsize Park stations all being located within walking distance.
Tenure
Freehold.
Description
The property comprises a public house accommodation on the ground floor with ancillary accommodation in the basement floor and separately accessed residential House in Multiple Occupation (HMO) accommodation the upper two floors.
The upper floor may be suitable for residential redevelopement, subject to consents.
VAT
VAT is applicable to this lot.
Note
The Special Conditions of Sale provide for the Buyer to a contribution to the Seller costs in addition to the purchase price.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a public house accommodation on the ground floor with ancillary accommodation in the basement floor and separately accessed residential House in Multiple Occupation (HMO) accommodation the upper two floors.
The upper floor may be suitable for residential redevelopement, subject to consents.
VAT
VAT is applicable to this lot.
Note
The Special Conditions of Sale provide for the Buyer to a contribution to the Seller costs in addition to the purchase price.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review (Reversion)
Ground Basement
Public House Ancillary
123.00 140.00
(1,323) (1,506)
SISTER MIDNIGHT LIMITED
10 years from 17/06/2024
£52,000
17/06/2029 (16/06/2034)
First Second
Residential Residential
89.00 81.00
(957) (877)
HOME 51 LIMTIED
5 years from 10/09/2022
£54,000
(09/09/2027)
Total Approximate Floor Area
433.00
(4,667)
£106,000
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.
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