Mixed-Use Camden Freehold, 39 Parkway, London, NW1 7PN
£748.98 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,203 sq ft
205 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: C2 Residential Institutions
C2
Key features
- Unbroken freehold opportunity comprising a commercial unit arranged over Ground and Lower Ground Floors, as well as a residential HMO on the first and second floors.
- The commercial unit is let to Springer Group Ltd t/a Udderlicious, producing £65,000 per annum, with the lease expiring in September 2036.
- The upper parts comprise a four-bedroom maisonette with a significant rear terrace, currently let on an AST, producing £51,000 per annum, with the lease expiring in August 2027.
- The property produces a total income of £116,000 per annum.
- The property is prominently located on a prime retail pitch, situated 190 metres from Camden Town Underground Station.
- Offers are invited in excess of £1,650,000 (One Million Six Hundred and Fifty Thousand Pounds) for the benefit of the freehold interest.
Description
The asset is an attractive three-storey terraced period building comprising a retail unit arranged over ground and basement floors, with self-contained residential upper parts on the first and second floors, presented as a four-bedroom, two-bathroom maisonette with a significant balcony/ terrace to the rear. The Residential element benefits from an HMO license.
Location
The property is situated on Parkway, Camden Town, close to its junction with Arlington Road, within the London Borough of Camden. The location is strategically positioned approximately 1.5 miles north-west of Central London.
Camden Town is internationally renowned for its vibrant mix of street markets, independent retailers, leisure venues and tourist attractions. Camden Market, located just a four-minute walk from the property, is one of London’s most popular destinations, attracting in excess of 28 million visitors annually.
Parkway benefits from a strong and diverse retail and leisure offering, with established operators including Gail’s Bakery, Whole Foods Market, Pizza Pilgrims, Five Guys and Odeon Cinema, among others. The wider area also offers access to beautiful open spaces and amenities, with Regent’s Park, London Zoo and Primrose Hill all located nearby.
Brochures
Mixed-Use Camden Freehold, 39 Parkway, London, NW1 7PN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Camden Town Station0.1 miles
- Camden Road Station0.3 miles
- Mornington Crescent Station0.4 miles
Notes
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