1/1a Camden Walk Islington London N1 8DY

1/1a Camden Walk
Islington
London
N1 8DY

Prominent Freehold Retail Investment

Entirely let to Ben Sherman Group Limited until November 2021
Highly fashionable North London suburb
Prominent corner position on a busy street close to Angel Underground Station
Nearby occupiers include Reiss, Pizza Express, Costa Coffee, Tesco and Barclays Bank
Six Week Completion

Lot
10
Auction
17th October 2013
Rent
£90,750 per Annum Exclusive
Status
Sold
Price
£1,660,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
Mayfair
London W1K 2HP

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Prominent Freehold Retail Investment

Entirely let to Ben Sherman Group Limited until November 2021
Highly fashionable North London suburb
Prominent corner position on a busy street close to Angel Underground Station
Nearby occupiers include Reiss, Pizza Express, Costa Coffee, Tesco and Barclays Bank
Six Week Completion

Lot 10
Auction 17th October 2013
Rent £90,750 per Annum Exclusive
Status Sold
Price £1,660,000
Sector
High Street Retail
Auction Venue
The Millennium Hotel
44 Grosvenor Square
Mayfair
London W1K 2HP

Property Information

Location

Miles: Zone 1 Central London location, 1 mile north of the City of London
Roads: Liverpool Road (B515), A1, A501 (Inner Ring Road)
Rail: Angel Underground Station (Northern Line), 1 mile London Kings Cross (Mainline)
Air: London City, London Stansted, London Luton Airport and London Heathrow

Situation

The property, a Grade II Listed building, is situated in a prominent corner position opposite Islington Green Gardens on the northern side of Camden Walk, some 400 metres from Angel Underground Station. The property fronts Islington Green (A104) which provides direct access to the busy Upper Street (A1). Nearby occupiers include Reiss, Pizza Express, Costa Coffee, Tesco and Barclays Bank.

Tenure

Freehold.

Location

Miles: Zone 1 Central London location, 1 mile north of the City of London
Roads: Liverpool Road (B515), A1, A501 (Inner Ring Road)
Rail: Angel Underground Station (Northern Line), 1 mile London Kings Cross (Mainline)
Air: London City, London Stansted, London Luton Airport and London Heathrow

Situation

Tenure

Freehold.

Description

The property comprises retail accommodation on ground and first floors with ancillary accommodation on basement and second floors.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises retail accommodation on ground and first floors with ancillary accommodation on basement and second floors.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x.	Reviews
Ground First Second Basement	Retail Retail (2) Ancillary Ancillary	81.40 sq m 35.70 sq m 35.20 sq m 25.30 sq m	(876 sq ft) (385 sq ft) (379 sq ft) (272 sq ft)	BEN SHERMAN GROUP LIMITED (1) (2) on assignment from All Saints Retail Limited	15 years from 24/11/2006 until 23/11/2021 on a full repairing and insuring lease	£90,750	24/11/2016
Totals		177.60 sq m	(1,912 sq ft)			£90,750

(1) For the year ending 31st January 2012, Ben Sherman Group Limited reported a turnover of £50,875,000, pre-tax profits of £1,855,000 and a total net worth of
£12,602,000. (Source: www.riskdisk.com 17/09/2013)
(2) Part of the first floor is trading as a barbershop in accordance with a licence to grant chair rental. Please see the legal pack for full details.