58 Parkway, Camden, London, NW1 7AH

Interested parties should contact Knight Frank Auctions for further information.

Description
The property arranged over ground and 3 uppers floors, comprises a ground floor shop with rear office, together with 2 self-contained flats on the first, second & third floors.
The rear office benefits from a garden and the first floor 1 bedroom flat has access to an outside terrace.

Parkway is a vibrant street connecting Regents Park to Camden High Street with nearby occupiers including Wholefoods, Five Guys, Marsh & Parsons, Foxtons together with a number of specialist independent retailers, cafes and restaurants.

FLOOR AREAS
Ground Floor Retail - 21.10 sq m (227 sq ft)
Ground Floor Office - 36 sq m (387 sq ft)
First Floor 1 Bed Flat
Second & Third Floor 2 Bed Maisonette

TENURE
Freehold

TENANCY
Shop let on a Licence to Individuals (t/a Bobby`s Barbers) from 2/04/2026 at £24,000 pa.
Rear Office let to Area Camden Limited (t/a Fostering Services Support) for a term of 9 years from 1st January 2022 at £24,000 pa on a Full Repairing & Insuring Lease. Rent Review 2028 - Mutual 3 month break option.
Flat B 1 Bed Flat let on an AST at £2,300 pcm (£27,600 pa)
Flat C 2 Bed Maisonette let on an AST at £2,900 pcm (£34,800 pa)

Total Gross Rent/ Licence Fees Reserved - £110,600 per annum exclusive

VAT
VAT is not applicable

EPC
RATINGS - C, C, C & C

Location
The property is on the Parkway close to its junction with Arlington Road and near to Camden High Street, 200 metres from Camden Tube Station.
The bohemian atmosphere of Camden Town and Camden Market are close. Primrose Hill Park and Regents Park are within 0.5 mile to the west, along with its numerous cafes and restaurants and boutique shops. The canal towpath provides a beautiful walking or cycling route west to Little Venice and beyond.
Public transport connections are extensive, Camden underground station (200 metres to the east) as well as multiple bus routes into and out of London.
Furthermore, Euston Station is 0.8 miles to the south, Kings Cross is 1.2 miles to the south & Oxford Circus is 1.6 miles to the south.

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions website.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.