232 Camden High St 2,286 SF 100% Leased Retail Building London NW1 8QS $4,348,932 ($1,902.42/SF)

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 also undergone a substantial regeneration. Transport facilities are excellent as the shop is 2 minutes’ walk from Camden Town Underground Station (Northern Line). Numerous buses serve the area.
Prime Commercial Building In Camden Lock Within The Same Family Ownership For Over 70 Years Freehold Investment For Sale Comprises the entire building arranged on as basement & ground floor prime shop, together with first and second floors, ancillary office/retail which is accessed through the ground floor shop. The ground and lower ground are let to two separate tenants on separate License agreements. The first and second floors are vacant.
The Best Retail Location In Camden Potential To Convert The Upper Floors Rental Income: £147,496.00 Per Annum Inclusive Of Business Rates & Utilities First And Second Floors Vacant ERV £40,000 Per Annum Inclusive 2,792 Sqft (259.3 Sqm) Let On Licence Agreements Vacant Possession Of The Building Can Be Obtained By Giving The Tenants 1 Months Prior Written Notice Within The Same Family Ownership For Over 70 Years Highly Reversionary Basement: Let to Blue Grace Ltd on a month to month ongoing license agreement with a rental income of £39,000 per annum inclusive of Business Rates & Utilities. The License is granted outside the security of the Landlord & Tenant act 1954. Landlord has the right at any time to serve notice on the tenant to vacate by giving 1 months prior written notice. Ground Floor: Let to Fredbel Investments Ltd on a month to month ongoing license agreement with a rental income of £108,496 per annum inclusive of Business Rates & Utilities. The License is granted outside the security of the Landlord & Tenant act 1954. Landlord has the right at any time to serve notice on the tenant to vacate by giving 1 months prior written notice. First & Second Floors: Vacant ERV £40,200 Per Annum Total actual & estimated Income: £187,496 Per Annum Inclusive We are in discussions with a well known Supermarket operator who are looking to take a new 20 year Lease on the Ground & Upper floors. Further terms available upon request.
£3,250,000 with the benefit of the income.