M'Nuchah, 392 Camden Road London, N7 0SJ
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- SECTOR
Mixed use property for sale
Key features
- The property comprises of a creative hub featuring two ground floor event spaces, dark kitchen and 9 serviced apartments in the upper floors
- Instant asset management potential to let the property in its current use
- Total GIA of 6,602 sqft / 613 sqm
- Previously let at £355,000 per annum (£175,000 per annum for the upper floors and £180,000 for the event space)
- Break up potential to sell the apartments off separately (subject to the requisite consents)
- Situated an approximately 0.4 miles from Caledonian Road Station, which is serviced by the Picadilly Line
Description
The property is also located opposite the Holloway Park Development site a collection of 1, 2 & 3 bed apartments situated within 10 acres of urban space.
The property is currently vacant however it offers instant asset management potential in its current use with the potential to provide a high yielding investment or break up potential with a number of units sold off separately (subject to the requisite consents).
Previously let at £355,000 per annum (£175,000 per annum for the upper floors and £180,000 for the event space).
The property is for sale freehold at the forthcoming Savills Auction (Lot 497) on 23rd April 2023 (unless sold prior) at a Guide Price of £3,250,000, subject to contract.
Brochures
M'Nuchah, 392 Camden Road London, N7 0SJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Caledonian Road Station0.4 miles
- Holloway Road Station0.4 miles
- Tufnell Park Station0.7 miles
Notes
Disclaimer - Property reference MNuchah. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by GLPG, Marylebone. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call GLPG, Marylebone on 020 3974 2714.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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