33 Camden High Street

London, NW1 7JE

1,506 sq ft

Prime Mixed Use Retail/Residential Investment

Potential To Add Additional Floor

Shop With 1x1 Bed Maisonette

Freehold For Sale

Summary

Retail / Residential Investment
Prominent Position
Total Rental Income: £55,200.00 per annum
Shop Let on a long Lease
Potential to add an additional floor subject to Planning
Potential To Convert The Maisonette Into 2 Self Contained Flats

Accommodation

The accommodation comprises the following areas:

Name	sq ft	sq m	Availability
Ground - Retail Shop	479	44.50	Available
Basement - Retail Shop	350	32.52	Available
1st - Floor Maisonette	352	32.70	Available
2nd - Floor Maisonette	325	30.19	Available
Total	1,506	139.91

Location

The property is situated in a prominent position on the South West side of Camden High Street, close to its junctions with Plender Street & Eversholt Street. The occupiers in the immediate vicinity include, Sainsbury’s Local, Pret A Manger, Wenzels and the famous venue Koko. Transport facilities are excellent with Camden Town and Mornington Crescent Stations (London Underground Northern Line) both being within a few minutes’ walk.

Get directions from Google Maps

Mainline Stations

Camden Road

9 mins
Euston

10 mins
St Pancras

11 mins
King's Cross

15 mins

Underground Station

Mornington Crescent

1 min
Camden Town

7 mins
Camden Road

9 mins
Euston

10 mins

Further Information

Price £990,000

EPC Rating This property has been graded as D

Description

The property comprises a ground floor shop & basement storage with a prominent window frontage currently trading as a Hair & Beauty Salon, together with a self contained 1 bed maisonette arranged on first & second floors. The maisonette has potential to be split into 2 self contained flats with the added potential of building an additional floor.

Tenancies

Ground Floor Shop & Basement- Let on a proportional Full Repairing & Insuring Lease for a term of
10 years from 27th March 2023 subject to a rent review at the end of the fifth year at a rent of £30,000.00 pax

1st & 2nd Floor Maisonette - Let on an AST agreement for a term of 3 years from 29th July 2025 subject to an annual increase by a proportion equivalent to the retail price index to a minimum of 3% & maximum of 5%, at a rent of £25,200.00 per annum. The landlord or tenant has the right to terminate the tenancy on the 30th day of July 2026, or a later date by giving a minimum of two calendar months prior written notice.

Total Current Income - £55,200.00 pax

IDENTIFICATION:

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