NW1 146 Camden High Street, Camden, London

Comprises a self contained Terraced building arranged as ground floor shop and basement together with four self contained one bedroom flats arranged on first, second, third & fourth floors. Each flat has lounge, bedroom, fully fitted kitchen and shower. The flats are in very good decorative condition.

Shop & Basement:

Let to Karunaker Rao Ranginini on a 15 year lease from 22nd June 2023 subject to 5 yearly rent reviews and subject to a landlord or tenant break clause operable 22nd June 2028 and 22nd June 2033 by either party serving the other party 6 months prior written notice. The Lease is outside the security of the Landlord and Tenant Act 1954 at a rental of £96,000 pax.

Residential: The four 1 bedroom flats are Let on periodic AST agreements Let at £80,520 per annum.

Total Income: £176,520 per annum.

Camden Town is one of the top tourist destinations, famous for Camden Lock & Stables Market which generates a very high footfall. The property is located in a prime position on the North East side of Camden High Street close to the junctions of Pratt Street, Greenland Street & Kentish Town Road. within a parade of multiple local retailers & restaurants including Marks & Spencer's, Tesco, Boots, Lloyds Bank & TK Max . The entire area has seen substantial regeneration with many newly built offices and flats. Transport facilities are excellent as the property is a minutes' walk from Camden Town Underground Station (Northern Line). Numerous bus routes also serve the area.