Camden Lock, 232 Camden High Street, London, NW1 8QS
Size
2,792
Tenure
Freehold
EPC
Parking
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- Primary use
- Other
- Other use(s)
- High street retail
Key features
- The Best Retail Location In Camden
- New Letting on the Entire Building At a Rental of £220,000 pax
- Total Area 2,792 Sqft (259.3 Sqm)
- Newly Granted Full Repairing & Insuring 20 Year Lease
- Highly Prominent
- High Footfall
- Adjacent to many well known multiple and local retailers
- The Famous Stables and Camden Market close by
Description
Comprises a Prime Retail building arranged on basement & ground floor shop, together with first and second floors, ancillary office/retail which is accessed via the ground floor shop. The entire building has now been Let on a new Full Repairing & Insuring Lease.
Location
Camden Town is one of the top tourist destinations, famous for Camden Lock & Stables Market which generates a high footfall. The property is located in the prime part of Camden High Street within a parade of multiple local retailers & restaurants. The immediate area has undergone substantial regeneration. Transport facilities are excellent as Camden Town Underground Station (Northern Line) is within a few minutes walk.
Tenancy
An agreement for Lease has been exchanged on the entire property to Inventure CHS Ltd on the granting of a new Full Repairing & Insuring Lease for a term of 20 years subject to 5 yearly upward only Rent Reviews. The tenant has the right to break the Lease at the end 10 years and 6 months by giving the Landlord 6 months prior written notice. The Lease is Inside the security of the Landlord & Tenant Act 1954.
Completion of the Lease will take place upon vacant possession being granted on the Ground Floor.
The tenants are lodging with the Landlord a rental deposit equivalent to 6 months rent
Rental Income: £220,000 pax
Identification
In accordance with Anti-Money Laundering Regulations, two forms of identification will be required from the successful purchaser.
Viewings
Strictly by appointment through owner’s agents as above.
Freehold Price
£3,350,000 with the benefit of the income.
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
Camden Lock, 232 Camden High Street, London, NW1 8QS
About Pemm Estates Ltd, London
Christo & Co are a well-established Estate Agency originally founded by Chris Christo in 1985 after the dissolution of Christo Vegoda. providing a highly professional service, yet personal where Clients can rely upon the expertise of a highly experienced team of Surveyors, Valuers and Commercial/Residential Agents.
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