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Building
Kentish Town Road, London, NW5
  Pw
£1,200,000Freehold

Description

£1,200,000PW Freehold
Kentish Town Road, London, NW5

Freehold building, residential, commercial units & business

Regent 2000 Properties are delighted to offer this Freehold property for sale, the property has both a commercial trading large retail unit and a 4 bedroom apartment with large lounge and fully fitted kitchen with a dining area . The current owner is looking for a buyer to take over the complete unit with a good trading business comprising of a Costcutter grocery & off licence store and is a National Lottery outlet. The property is located in a prime area of Kentish Town, very close to the underground station making this property desirable and lucrative as a retail unit.

 

Shop Floor

The property has a double front and a good depth with an office and storage area to the rear of the unit, please see the floor plan for more details.

First Floor

The property has a separate entrance from the front of the building leading to the residential accommodation with 4 bedrooms and has currently been let as separate rooms .

 

£15000pw turnover, 20% profit net profit 50-60k pa

Tobacco 10%

Excludes lottery £2000pw

 

Location:

Nearest stations:

Kentish Town (0.1 miles)

Tufnell Park (0.4 miles)

Kentish Town West (0.4 miles)

 

SHOP AND PREMISES

Rates £11,000pa approx

Billing authority:

CAMDEN

Billing authority reference:

00363031631809

Special category code:

249 - Shops

Basis of measurement:

NIA

Valuation scheme reference:

113115

Unadjusted £ m2/unit:

£350.00/m2

 

Valuation

Floor Description Area m2/unit

Ground Retail Zone A 50.30m2

Ground Retail Zone B 43.20m2

GroundRetail Zone C 13.00m2

GroundInternal Storage15.50m2

Ground Staff Toilets N/A

 

Rateable value:£ 26,750


Features

Shops and amenities nearby, Fully Furnished, Fitted Kitchen, Close to public transport, Separate toilet

EPC

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