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- A rarely available mixed-use investment located on Camden Road in London Zone 2.
- Located approximately 300 feet from Camden Road station (Overground) and 0.3 miles from Camden Town station (Northern Line).
- 2,322 sq ft GIA.
- The property is arranged over basement, ground & three upper floors.
- The ground and basement is let on an FRI lease from 26th June 2017 for a term of 10 years. Thus having 4 years unexpired. The current passing rent is £24,000 per annum.
- The upper parts are arranged as 3 x 1 bedroom apartments at a passing rent of £46,596 per annum.
- Total passing rent of £70,596 per annum.
- Freehold.
- Guide Price £950,000 + (Nine Hundred & Fifty Thousand Pounds) Subject to contract.
- A purchase at this level would reflect an NIY of 7.03% after applying standard purchasers costs of 5.69% and a low capital value of £409 per sq ft.