146 Camden High Street, London, NW1 0NE

Description
Comprises a self contained Terraced building arranged as ground floor shop and basement together with four self contained one bedroom flats arranged on first, second, third & fourth floors. Each flat has lounge, bedroom, fully fitted kitchen and shower. The flats are in very good decorative condition.

Location
Camden Town is one of the top tourist destinations, famous for Camden Lock & Stables Market which generates a very high footfall. The property is located in a prime position on the North East side of Camden High Street close to the junctions of Pratt Street, Greenland Street & Kentish Town Road. within a parade of multiple local retailers & restaurants including Marks & Spencer's, Tesco, Boots, Lloyds Bank & TK Max . The entire area has seen substantial regeneration with many newly built offices and flats. Transport facilities are excellent as the property is a minutes’ walk from Camden Town Underground Station (Northern Line). Numerous bus routes also serve the area.

Tenancies
Shop & Basement: Let to Karunaker Rao Ranginini on a 15 year lease from 22nd June 2023 subject to 5 yearly rent reviews and subject to a landlord or tenant break clause operable 22nd June 2028 and 22nd June 2033 by either party serving the other party 6 months prior written notice. The Lease is outside the security of the Landlord and Tenant Act 1954 at a rental of £96,000 pax.

Residential: The four 1 bedroom flats are Let on periodic AST agreements Let at £80,520 per annum.

Total Income: £176,520 per annum.

Freehold Price (Land Registry Title Number NGL442586)
£3,250,000 with the benefit of the income.

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

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