£1,650,000

Retail premises for sale

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Just added
Freehold

£1,650,000

(£748.98/sq. ft)

Retail premises for sale

Mixed-Use Camden Freehold, 39 Parkway, London NW1

2,203 sq. ft

Local area information

Property location

Nearby amenities

  • The Cavendish School 0.1 miles
  • Camden Town 0.1 miles
  • North Bridge House Prep School 0.2 miles
  • Camden Road 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Camden, Camden Town and Chalk Farm to find out more about the local area.

Features and description

  • Freehold
  • Unbroken freehold opportunity comprising a commercial unit arranged over Ground and Lower Ground Floors, as well as a residential HMO on the first and second floors.
  • The commercial unit is let to Springer Group Ltd t/a Udderlicious, producing £65,000 per annum, with the lease expiring in September 2036.
  • The upper parts comprise a four-bedroom maisonette with a significant rear terrace, currently let on an AST, producing £51,000 per annum, with the lease expiring in August 2027.
  • The property produces a total income of £116,000 per annum.
  • The property is prominently located on a prime retail pitch, situated 190 metres from Camden Town Underground Station.
  • Offers are invited in excess of £1,650,000 (One Million Six Hundred and Fifty Thousand Pounds) for the benefit of the freehold interest.
Description

The asset is an attractive three-storey terraced period building comprising a retail unit arranged over ground and basement floors, with self-contained residential upper parts on the first and second floors, presented as a four-bedroom, two-bathroom maisonette with a significant balcony/ terrace to the rear. The Residential element benefits from an HMO license.

Location

The property is situated on Parkway, Camden Town, close to its junction with Arlington Road, within the London Borough of Camden. The location is strategically positioned approximately 1.5 miles north-west of Central London.

Camden Town is internationally renowned for its vibrant mix of street markets, independent retailers, leisure venues and tourist attractions. Camden Market, located just a four-minute walk from the property, is one of London’s most popular destinations, attracting in excess of 28 million visitors annually.

Parkway benefits from a strong and diverse retail and leisure offering, with established operators including Gail’s Bakery, Whole Foods Market, Pizza Pilgrims, Five Guys and Odeon Cinema, among others. The wider area also offers access to beautiful open spaces and amenities, with Regent’s Park, London Zoo and Primrose Hill all located nearby.

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Property descriptions and related information displayed on this page are marketing materials provided by - Robert Irving Burns. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Robert Irving Burns for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. North London
  5. Primrose Hill
  6. Parkway