Location On Map
CENTRALLY LOCATED OFFICE INVESTMENT WITH DEVELOPMENT POTENTIAL (STP) FOR SALE
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.
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)
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.
The property would ideally suit development with the possibility of a residential conversation, Subject to Planning.
Long Leasehold / Virtual Freehold – 999 Year Lease from 20th August 1998 at a Peppercorn rent.
Each party to bear their own legal costs.
Strictly by appointment through SOLE agents as above.
Mert Seyhan (020 7482 1203 / 07506 732734 / firstname.lastname@example.org
SUBJECT TO CONTRACT