85 Albany Street, London, NW1 4BT

Description
The property has recently undergone comprehensive refurbishment, arranged over ground and lower ground floor. The ground floors benefit from a floor to ceiling height of approx 2.9 m, large window frontages allowing natural light to flow into the property. The lower ground floors have a good floor to ceiling height of approx 2.4 m, with windows and 3x vaults suitable for storage. The property benefits from a new comfort cooling system as well as kitchenettes, an entry intercom system and integrated network cabling. There is rear access via Cambridge Terrace Mews which provides access through the Lower Ground Floors. It is also therefore possible to create self-contained offices on the lower ground floor.

The Head Lease allows for office and retail use, and the landlord will accept certain uses under Class E. The property is Grade II Listed.

Location
The property is located on the corner of Albany Street and Chester Gate and is adjacent to the well renowned Regent’s Park. The immediate location is primarily of residential use, with local amenities including Regent’s Park, ZSL London Zoo, Regent’s Park Open Air Theatre, Madame Tussauds, The Sherlock Holmes Museum as well as independent and national cafes and restaurants.

Regent’s Park, Great Portland Street, Warren Street and Euston Square are all within a few minutes walking distance south of the property. London Euston is towards the East providing Avanti West Coast, Caledonian Sleeper, Overground and West Midlands Trains services.

Viewings
Strictly through sole agents Robert Irving Burns.

Terms
A new effective Full Repairing and Insuring lease contracted outside the Landlord & tenant Act 1954 is available direct from the landlord for a term to be agreed. Gross rent of approx. £85,000 per annum (85) and £55,000 per annum (81), inclusive of business rates, service charge and estate charge.

Tenture
Held on a 99 year Long Leasehold Interest, commencing 20th February 1987, with approximately 63 years unexpired, subject to ground rent.

Letting
A new effective Full Repairing and Insuring lease contracted outside the Landlord & tenant Act 1954 is available direct from the landlord for a term to be agreed.

Gross rent of approx. £85,000 per annum (85) and £55,000 per annum (81), inclusive of business rates, service charge and estate charge