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CENTRALLY LOCATED OFFICE INVESTMENT WITH DEVELOPMENT POTENTIAL (STP) FOR SALE

For Sale
184 Royal College Street, London NW1 9NN
PRICE: £925,000 (Subject to Contract)

LOCATION:

The property is situated on the East side of Royal College Street, near its junction with Camden Road. The multitude of shops, restaurants and bars of Camden Town are close by. Transport facilities are excellent with Camden Road Station (London Overground) and Camden Town Station (London Underground Northern Line) both being within a few minutes’ walk.  Numerous bus routes also serve the area.

DESCRIPTION:

The property comprises office premises arranged on the basement, ground and first floors.

AREAS (all measurements are approximate):

Basement                                          861 Sq Ft       (80 Sq M)

Ground Floor                                   1,184 Sq Ft      (110 Sq M)

First Floor                                          409 Sq Ft        (38 Sq M)

TOTAL                                                       2,454 Sq Ft       (228 Sq M)

TENANCY:

Currently let to Change, Grow, Live (Company No. 03861209) on a Full Repairing and Insuring Lease which expired in June 2019 and extended until the end of April 2022.

The current rent is £79,000 per annum exclusive.

The Lease is contracted outside the provisions of the Landlord and Tenant Act 1954.

POTENTIAL:

The property would ideally suit development with the possibility of a residential conversation, Subject to Planning.

TENURE:

Long Leasehold / Virtual Freehold – 999 Year Lease from 20th August 1998 at a Peppercorn rent.

PRICE:

£925,000

LEGAL COSTS:

Each party to bear their own legal costs.

VIEWING:

Strictly by appointment through SOLE agents as above.

Mert Seyhan (020 7482 1203 / 07506 732734 / mert.seyhan@christo.co.uk

SUBJECT TO CONTRACT

NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT
Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: March 2021.
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Address

184 Royal College Street, London NW1 9NN
United Kingdom
London
Camden Town
NW1 9NN

Additional Details

PRICE: £925,000 (Subject to Contract)
2,454
228
Freehold/Long Leasehold

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