Investment/Owner occupier

Prominent Ground and Lower Ground Floor Offices

Investment for Sale

 

Summary

  • Excellent decorative condition
  • Fitted out to a high specification
  • Air conditioning
  • Prominent window frontage
  • External electric security shutters
  • Rear outside patio
  • Cat 5 cabling
  • WC and shower facilities
  • Excellent natural light
  • Fitted kitchen
  • Fully carpeted
  • Glazed partitioned private offices
  • The premises are currently let producing an income of £175,000 pax + VAT

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground 1,895 176.05 Available
Lower Ground 2,660 247.12 Available
Total4,555423.17
31 Kentish Town Road - 1.jpg

Location

The premises are located in the heart of Camden on the West side of Kentish Town Road close to the Junctions of Hawley Crescent, Buck Street and Camden High Street. The immediate locality has long been recognised as an area for business with many well known restaurants, bars and the famous Camden Market and Stables. Transport facilities are excellent with Camden Town and Kentish Town Underground Stations (Northern Line) being within a few minutes’ walk. Numerous bus routes also serve the area.

Get directions from Google Maps

Further Information

Price Offers in excess of £2,000,000

Rates Payable £88,800 per annum

Service Charge £4,742.56 per annum

Estate Charge n/a

EPC Rating This property has been graded as E (117)


Description

Comprises fully fitted offices on Ground and Lower Ground floors having a prominent window frontage to Kentish Town Road, providing excellent natural light to both floors. The building was fully fitted out to a very high standard of finish by my clients in 2015, providing boardroom, glazed partitioned offices and open plan areas. The premises are fully glazed at the rear of the lower ground floor of the building, which provides access to the building's rear patio area. The premises also benefit from parking 2 cars immediately in front of the building.

Tenure

The premises are held on a 999 year lease from May 2014 at a peppercorn rent. (Land Registry Title Number: NGL944397)

Tenancy

The entire premises is currently occupied by Hentons Limited (Accountants) on a lease for a term of 2 years from 1st of January 2026, expiring 31st December 2027 outside the security of the Landlord and Tenant Act 1954 (Lease still to be signed). The Landlord or Tenant has the right to terminate the lease by either party giving the other at least 3 months' prior written notice, such notice expiring on or after the 31st December 2026. Rental income £175,000 pax + VAT

Price

Offers in excess of £2,000.000 + VAT

Identification

In accordance with Anti-Money Laundering Regulations, two forms of identification will be required from the successful purchaser.

Viewings

Strictly by appointment through owner’s Sole agents as above.