PROPERTIES

12 Highgate Road, Kentish Town London NW5 1AS

Price£1,000,000

PDF DETAILS

12 Highgate Road, Kentish Town London NW5 1AS

  • Price£1,000,000
  • Income£65,000
  • Yield6.1%
  • SectorOffice
  • StatusAvailable
PDF DETAILS

Securely Let Ground Floor Commercial Investment Opportunity

Summary

  • Located in Kentish Town, a thriving residential and commercial centre in North West London, located approximately 2 miles (3.2 km) from the West End.
  • Situated within 150 metres of Kentish Town Underground Station & 700 metres from Kentish Town West Overground Station.
  • Ground & mezzanine commercial accommodation of 2,758 sq ft NIA fitted out internally to a very high specification.
  • The property is let Statehold Limited (Owned by Countrywide PLC) expiring 9th August 2025 with approx. 4 years unexpired.
  • Extremely low rent passing of £65,000 per annum reflecting £26.00 ps.
  • Currently Sublet to Chrome Productions, an award winning production company.
  • The vendor is seeking offers in excess of £1,000,000 (One Million Pounds) subject to contract, for the benefit of their freehold interest.
  • A purchase at this level would reflect a net initial yield of 6.1% and a low capital value psf of circa £385 after allowing for purchaser’s costs of 6.8%.