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Guide price
£3,000,000

Residential development for sale

Kentish Town Road, London NW5
Residential development
6027
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Freehold investment/development for sale kentish town road
  • Presently producing £136,700 per annum exclusive
  • PLANNING FOR FURTHER THREE FLAT 2 X 2 BED AND 1 X 1 BED FLAT (interested parties to undertake due diligence to satisfy themselves with regards to planning).
  • High street location
  • Tenant include betfred along with supreme doner
  • Opposite kentish town tube station
The property is situated on the West side of Kentish Town Road (A400), in a busy shopping location between its junctions with Regis Road and Holmes Road. Situated at the centre of the main High Street, Close to Franco Manca along with supermarket chains Iceland, Sainsbury and The Co-op. Kentish Town Tube station is located close to the property and Kentish Town West (Silver link) is within proximity. Kentish Town is a popular inner London suburb, located between Highgate and Camden.

315 Kentish Road NW5, Shop trading as a Restaurant take away over basement and ground floor level, recently re-furbished and let on 15-year lease from 8 September 2020 producing £42,000 per annum, approximately 1870 Sq. Ft with benefit of planning use A1/A3 Restaurant Use.

315 Kentish Town Road, three bed Maisonette over first and second floors sold on a 189-year lease from 25 May 1986 at peppercorn ground rent.

317-319 Kentish Town Road, Ground Floor shops Let to Done Brothers (Cash Betting) trading as Betfred from 22-01-2024 term of 10 years passing rent £50,000 per annum exclusive. Rent review on 22-01-2029, tenant break only on 21-01-2029 with benefit of Sui Generis use. Approximately 2240 Sq. Ft.

317-319 Kentish Town Road 1st Floor flat approximately 623 Sq. Ft let on AST at £23,400 for 12 months from 23/06/[use Contact Agent Button] Kentish Town Road, Second Floor Flat approximately 658 Sq. Ft let on AST at £21,300 per annum for 24 Months from 01/05/2025.

317-319 Kentish Town Road, third floor flat built out as a two-bedroom flat but not finished and currently vacant.

Planning granted for two further Two-bedroom flats via York Rise from planning application number 2019/2014/P, works not started and interested parties to undertake due diligence to satisfy themselves with regards to planning.

Rooms

Maisonette

Shop

Flat

Property information from this agent

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About this agent

Salter Rex - Commercial
Salter Rex - Commercial
265-267 Kentish Town Road London NW5 2TP
020 8022 7805
Full profileProperty listings
Founded in 1854, Salter Rex combine traditional values with exceptional standards of service and the most advanced marketing methods, to obtain the best possible outcome for our clients. Whether selling or letting, we are able to market your property to the widest possible customer base, presented in the most attractive manner, to achieve the greatest level of interest and consequently, the best possible price. Amongst the services we offer from our branches at Kentish Town and Hampstead are; professional photography and floorplans, free Energy Performance Certificates (subject to conditions), regular feedback on viewings via a single point of contact and honest, straightforward, positive advice on marketing your home. Our dedicated property management team are on hand at the Kentish Town office to deal quickly and efficiently with any problem that might arise. In addition our surveyors, residential block management and commercial property specialists are all readily available.
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