Retail premises for sale in Albany Street, London NW1

From £800,000 (£581.82/sq. ft)
Interested in this property? Call +44 20 8128 0467 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Retail premises for sale 1,375 sq. ft*

Property description

Key Points

  • Grade II Listed Office/Retail Premises for sale/to let
  • Arranged over ground and lower ground floor
  • Recently refurbished
  • Available with vacant possession
  • Measuring 1,375 sq ft (plus 108 sq ft of vaults)
  • Held on a 99 year Long Leasehold Interest from 20th February 1987 (approx. 63.5 years unexpired)
  • The property is not elected for VAT
  • Description

    This recently refurbished property is arranged over ground and lower ground floors and is being sold with vacant possession. The ground floor benefits from a floor to ceiling height of approx. 2.8m, and a large window frontage allowing natural light to flow into the property. The lower ground floor has a good ceiling height of approx. 2.4m with 3 x vaults suitable for storage. The property also benefits from a new comfort cooling system as well as 2 x kitchenettes, an entry intercom system and new cabling.
    The Head Lease allows for office and retail use only and the property is Grade II Listed.

    Viewings

    Strictly through sole agents Robert Irving Burns.

    Location

    The property is located on the corner of Albany Street and Chester Gate and is adjacent to the well renowned Regent’s Park. The immediate location is primarily of residential use, with local amenities including Regent’s Park, zsl London Zoo, Regent’s Park Open Air Theatre, Madame Tussauds, The Sherlock Holmes Museum as well as independent and national cafes and restaurants.
    Regent’s Park, Great Portland Street, Warren Street and Euston Square are all within a few minutes walking distance south of the property. London Euston is towards the East providing Avanti West Coast, Caledonian Sleeper, Overground and West Midlands Trains services

    Terms

    A new effective Full Repairing and Insuring lease contracted outside the Landlord and Tenant Act 1954 is available direct from the landlord for a term to be agreed.

    Tenture

    Held on a 99 year Long Leasehold Interest, commencing 20th February 1987, with approximately 64 years unexpired, subject to ground rent.

    Letting

    A new effective Full Repairing and Insuring lease contracted outside the Landlord and Tenant Act 1954 is available direct from the landlord for a term to be agreed.

    £85,000 per annum inclusive of business rates and service charge.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Robert Irving Burns, W1W on +44 20 8128 0467 * (local rate)

    Contact Robert Irving Burns about this property

    Enter details
      Morning (8am-noon)
      Afternoon (noon-5pm)
      Evening (5pm-9pm)
    1. Characters remaining: 500

    By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Robert Irving Burns, and do not constitute property particulars. Please contact Robert Irving Burns for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

    Properties on the market nearby

    10 more properties like this

    View all NW1 commercial properties for sale