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MapIndustrial development for sale
13 Brecknock Road, London, N7 0BL
Industrial development
895 sq ft / 83 sq m
Features and description
- Tenure: Freehold
- Freehold
- Established Tenant
- Large Shop Frontage
- Income Producing
- Prominently Located
- Attractive Yield
- Potential For Alternative Uses
- Arranged Over Ground and Lower Ground Floors
Description
An opportunity to acquire a freehold retail property in a sought-after location on Brecknock Road. This income-producing asset is securely let to a reliable tenant.
Positioned in a vibrant area with strong footfall, close to Kentish Town and Tufnell Park, this property benefits from excellent transport links and a thriving local community.
Location
Brecknock Road in N7 is a fantastic spot that perfectly blends charm and convenience. Nestled between Tufnell Park and Kentish Town, it’s close to great transport links like Tufnell Park Station (Northern Line) and plenty of bus routes, making it easy to get around. The area has a friendly community vibe, with lovely Victorian homes, independent cafes, gastropubs, and shops right on your doorstep.
Ground Rents
There are 3 flats above sold off on 250 years leases from October 2015. The ground rents are as follow:
Flat 1: £400 per annum
Flat 2: £500 per annum
Flat 3: £500 per annum
Total: £1,400 per annum
Lease
The property is leased to Camden Skincare Ltd for a term commecing 20th December 2022, and ending on 4th January 2029. The lease is excluded from the provisions of the 1954 Landlord and Tenant Act.
The current passing rent is £25,000 per annum, with the lease secured by a personal guarantor. There is an outstanding rent review from January 2024.
An opportunity to acquire a freehold retail property in a sought-after location on Brecknock Road. This income-producing asset is securely let to a reliable tenant.
Positioned in a vibrant area with strong footfall, close to Kentish Town and Tufnell Park, this property benefits from excellent transport links and a thriving local community.
Location
Brecknock Road in N7 is a fantastic spot that perfectly blends charm and convenience. Nestled between Tufnell Park and Kentish Town, it’s close to great transport links like Tufnell Park Station (Northern Line) and plenty of bus routes, making it easy to get around. The area has a friendly community vibe, with lovely Victorian homes, independent cafes, gastropubs, and shops right on your doorstep.
Ground Rents
There are 3 flats above sold off on 250 years leases from October 2015. The ground rents are as follow:
Flat 1: £400 per annum
Flat 2: £500 per annum
Flat 3: £500 per annum
Total: £1,400 per annum
Lease
The property is leased to Camden Skincare Ltd for a term commecing 20th December 2022, and ending on 4th January 2029. The lease is excluded from the provisions of the 1954 Landlord and Tenant Act.
The current passing rent is £25,000 per annum, with the lease secured by a personal guarantor. There is an outstanding rent review from January 2024.
Property information from this agent
About this agent
Forest Real Estate is a young, independent commercial agency with a primary focus on the Office and Industrial/Logistics markets across Central & Greater
London, as well as the Home Counties. With a strong market presence, we are recognised as a trusted partner for both small and large commercial real
estate owners, delivering innovative marketing solutions tailored to each asset. We provide Landlords and Tenants with comprehensive advice, backed by
market data and deep expertise in our sectors.
London, as well as the Home Counties. With a strong market presence, we are recognised as a trusted partner for both small and large commercial real
estate owners, delivering innovative marketing solutions tailored to each asset. We provide Landlords and Tenants with comprehensive advice, backed by
market data and deep expertise in our sectors.
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