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26 Hartland Rd 1,059 sq ft Office Property London NW1 8DD £425,000 (£401.32/sq ft)
Investment Highlights
- Ground floor commercial unit
- Ground floor let to a charity on lease with 1 year unexpired
- Situated in an excellent position in Camden
- Upper part sold off on long leases
Executive Summary
Ground floor commercial unit situated in an excellent position in Camden. The ground floor is let on a commercial lease with approximately one year unexpired on the term at a rental of £27,000 pa. This gives purchasers the option to either increase the rent upon renewal or possibly take occupation should a renewal not be achieved. There are two residential apartments on the upper parts, which have been sold off on long leases. There are 2 demised parking spaces. The commercial space is occupied by a charity and used as a community centre/office.
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Office
Tenure
Freehold
Property Subtype
Office / Residential
Property Size
1,059 sq ft
Costar Property Class
B
Year Built
1970
Price
£425,000
Price per sq ft
£401.32
Tenancy
Single
Number of Floors
2
Typical Floor Size
1,059 sq ft
Plot ratio
0.41
Total Plot Size
0.06 ac
Parking
2 Spaces (2.17 Spaces per 1,000 sq ft Leased)
Amenities
- Security System
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
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26 Hartland Rd
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