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No longer on the market

This property is no longer on the market

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EPC
EPC

Property

Auction
Property
4 beds
Added > 14 days

Features and description

  • Freehold For Sale by Auction
  • Mixed Use
  • Commercial and Residential
  • Investment Opportunity
  • Total Annual Income £50,800
  • *Viewings Available by Appointment*
  • *Viewings Tuesday Morning & Thursday Afternoon*

Video tours

For Sale by Online Auction, starting bids £900,000, *Terms and Conditions apply.

Freehold For Sale, Mixed Use

Bid Now:
A three storey terraced building comprising a ground floor restaurant and 2 x 2 Bedroomed self-contained flats accessed via a separate front entrance of the property. On the Camden Road end of Brecknock Road within a mixed use parade close to the junction with Camden Road and York Way leading to Kings Cross. Kentish Town Rail and Underground are just under 1 mile away.

Inspection: By arrangement with the Auctioneers

For Sale by Online Auction, starting bids £900,000, *Terms and Conditions apply.

Freehold For Sale, Mixed Use

A three storey terraced building comprising a ground floor restaurant and 2 x 2 Bedroomed self-contained flats accessed via a separate front entrance of the property. On the Camden Road end of Brecknock Road within a mixed use parade close to the junction with Camden Road and York Way leading to Kings Cross. Kentish Town Rail and Underground are just under 1 mile away.

ACCOMMODATION
Ground Floor Restaurant: 1,097.8 sq ft (101.99 sq m)
First Floor Flat: 2 Bedroom, 1 EnSuite, living room/Kitchen, 1 Bathroom. - 593.4Sq ft (55.13 Sq m)
Second Floor Flat: 2 bedrooms, living room/kitchen, 1 Bathroom, Guest W.C. - 597.2Sq ft (55.48 Sq m)

Accommodation - Ground Floor Restaurant: 1,097.8 sq ft (101.99 sq m)
First Floor Flat: 2 Bedroom, 1 EnSuite, living room/Kitchen, 1 Bathroom. - 593.4Sq ft (55.13 Sq m)
Second Floor Flat: 2 bedrooms, living room/kitchen, 1 Bathroom, Guest W.C. - 597.2Sq ft (55.48 Sq m)

Tenancy Details - The ground floor Restaurant is leased on for 25 years from 29 September 2005 at the current rent of £14,500 p.a. with a Rent Review every 4 years next due 29 September 2021 and registered with the Land Registry under Title number NGL879443.

First Floor Flat A: Periodic AST Tenancy £16,800p.a.
Second Floor Flat B: Periodic AST Tenancy £19,500p.a.

Total Annual Income £50,800

Epc Ratings - Commercial Restaurant: C
Flat A: D
Flat B: D

Auction *T's & C's - Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Property information from this agent

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Area statistics

Crime score
High crime
10/10

About this agent

Hunters - Camden
Hunters - Camden
86 Camden Road Camden Town, London NW1 9EA
020 8115 1241
Full profileProperty listings
Hunters Estate Agent and Letting Agents Camden, previously Regent 2000 Properties, have operated in Camden and its suburbs for over 35 years, building a reputation on trust and having their clients’ best interests in mind. With a strong local presence, Hunters Camden are pleased to be part of a tight-knit community in and around Camden. With approachable staff with deep local knowledge of Camden and its hidden gems, combined with 100+ years of invaluable experience, you can always expect professional, honest advice to welcome newcomers into the area. The Hunters Estate Agents and Letting Agents team in Camden are property experts and proactive in selling and letting properties. Their approach helps buyers, sellers, landlords, and tenants agree on the best possible price, with the least hassle in the quickest time frame. Selling and letting property is not all the Hunters Camden/Kentish Town branch does. Their brains are loaded with a library of rules and regulations to protect clientele from the ever-expanding property laws. Through the Hunters Training Academy, endorsed by Property Mark, regular training is given to make sure they are aware of any changes, allowing for continuous success in property management. Hunters want to make sure their clients feel comfortable that their property is in safe hands, giving you peace of mind in both letting or selling your home. Hunters Camden/Kentish Town also offer commercial and residential valuations as well as lease renewals and disputes. Director, Fahmy El-Gamal, expanded on his vast property related knowledge to make the office proud members of RICS.  An integral part of the Hunters Camden team’s strength is cooperation, flexibility and a sense of honesty, all homed in with one intended aim; to deliver results beyond your expectations. 
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