Shop for Sale

• Freehold
• Potential for Planning

• In need of Modernisation
• Uppers been sold off

Full Description

Situated in a parade of shops between Royal College Street and St Pancras Way, close to Camden Road Overground Station and Camden Town Underground Station (Northern Line). The property benefits from its close proximity to Kings Cross and Eurostar Link at St Pancras where one of Europe’s biggest regeneration and development projects has been of benefit to the area.
A Terrace Shop and Basement with separate front access to a Self-Contained Upper Maisonette on Three Upper Floors comprising:
Self-Contained Upper Maisonette on lease for a term of 125 years from 25th March 1989 at a ground rent of £100 per annum rising.
There is potential to create a Self-Contained Lower Floor Flat (subject to planning consent being obtained) similar to conversions that have taken place on other properties in the Parade.
Vacant Possession upon completion of the Ground Floor Shop and Basement and subject to the lease in respect of the Self-Contained Upper Maisonette.
EPC Rating: C
The auction sale will take place on Wednesday 25th February 2015 at The Montcalm Hotel, 34-40 Great Cumberland Place, London W1H 7TW.