Lot 16 - 82 Parkway, London, NW1 7AN

  • Unconditional Online Auction Sale
  • Guide Price* : £1,850,000
  • Bedrooms: 3

Addendum

Postponed due to legal pack not being issued in time.

Coffee Shop, Two Studio Flat And A Three Bedroom Maisonette Over A Three Storey Building. Combined Rental Income Of £100,600 Per Annum


Description

Ground floor coffee shop with three flats above over a three storey building.
This comprises a small studio flat, large studio flat on the first floor and a three bedroom maisonette on the top floor.

Coffee Shop
Currently rents at £30,000 per annum

Large Studio
£1200 Per calendar month
£14,400 per annum
One month notice can be given to tenant

Small Studio
£1083 per calendar month
£12,996 per annum
One month notice can be given to tenant

Three bedroom maisonette,
£3,600 per calendar month
£43,200 per annum
One month notice can be given to tenant

Total rental income: £100,596 per annum

Tenure

Freehold

Accommodation

Ground Floor
coffee shop

First Floor
Small studio flat
Large studio flat

Second Floor
Three bedroom maisonette

Location

Located in Camden just a 4 minute walk from Camden Tube Station ( Northern Line). It is surrounded by shops, eateries, the markets and food market and leisure facilities. Regents Park with London zoo is a 10 minute walk. The building has a busy footprint.

Tenancy

Coffee Shop £30,000 per annum
Large Studio £14,400 per annum
Small Studio £12,996 per annum
Three bedroom maisonette, £43,200 per annum

Total rental income: £100,596 per annum

Sector

Mixed use

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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