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Investment Highlights

  • Popular inner-city suburb
  • Class E planning consent
  • Well served by public transport

Executive Summary

Kentish Town is a popular inner-city suburb, located between Highgate and Camden approximately 3.5 miles north of Central London. The open spaces of Regent's Park and
Hampstead Heath are both close by.
The property is situated on Kentish Town Road, close to its junction with Leighton Road. The property is well served by public transport, with Kentish Town Underground Station located within 200m. Tufnell Park and Gospel Oak Stations are also close by.
Occupiers close by include Winkworths, Martyn Gerrard, Pret a Manger and Sainsbury's Local, amongst a variety of restaurants and retailers.
The premises comprise of a ground floor shop only and of approximately 950 sq. ft. mainly open space with small outside space at rear which let to Amnesty International for a term of 10 years from Jan 2019 with a mutual break on the fifth year of the term, upper floor is a Two bed flat sold on a 999 year lease on peppercorn rent.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
950 SF
Building Class
B
Year Built/Renovated
1960/2019
Price
$629,206
Price Per SF
$662.32
Cap Rate
6.21%
NOI
$39,077
Tenancy
Single
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.02 AC
Frontage
27’ on Kentish Town Rd.

Amenities

  • 24 Hour Access
  • Bus Line
  • Accent Lighting
  • Energy Performance Rating - C
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Nearby Major Retailers

Pret A Manger
Co-op
Iceland
Sainsbury's
Nando's
Turtle Bay
NatWest
Caffè Nero
Black Sheep Coffee
PureGym
  • Listing ID: 24475812

  • Date on Market: 11/12/2021

  • Last Updated:

  • Address: 308 Kentish Town Rd, London NW5 2TH

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