Lot 11 Click here for addendum
Vacant 9,075 sq ft Prominent Retail Showroom
6 Week Completion
Situation
Located on this well known prominent and busy main road position at the junction with Lymington Road and being opposite Arkwright Road and the Camden Art Centre. The area benefits from excellent public transport facilities being just a few yards from Finchley Road & Frognal Station (Overground) and in close proximity to Finchley Road Underground Station (Jubilee and Metropolitan Lines) and West Hampstead Overground, Thameslink and Underground Stations.
In addition, the property is nearby the Ernest Park mixed use development which is currently under construction.
The O2 Centre is further along the Finchley Road, the multiple shopping facilities/eateries of West Hampstead and Hampstead lie approx. ½ mile distant and the West End lies approx. 3 miles to the south.
Property
Forming part of a modern residential/commercial development comprising a Large Self-Contained Showroom on raised ground and lower ground floors together with a basement, all in need of a refit following the exit of the previous tenant (Natuzzi).
The property has a prominent full height glass frontage together with a part glazed return frontage.
Click here to view the floor plans.
Accommodation
Raised Ground Floor Showroom
Gross Frontage 79'8''
Return Frontage 57'1''
GIA Approx. 4,298 sq ft¹ incl. voids
Lower Ground Floor Showroom
GIA Approx. 4,305 sq ft¹ incl. voids
Basement
GIA Approx. 472 sq ft¹ incl. 2 WCs
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Total GIA Approx. 9,075 sq ft¹
¹Area taken from Vendor's floor plans.
VAT - Refer to Auctioneers
Tenure
Leasehold for a term of 150 years from 1st January 2002 (thus having approx. 127 2/3 years unexpired) at a peppercorn ground rent.
Offered with Vacant Possession
Note: The property lends itself to a wide range of E Class uses including gym operators, retailers, office users etc.