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128B Camden Road London NW1 9EE

Mixed-Use Investment Opportunity Situated in a Prime North London Location
  • 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.
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