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51 Chalk Farm Rd

875 SF Retail Unit Offered at £800,000 in London NW1 8AN

Executive Summary

Mixed Use Investment comprising a ground floor lock up shop together with a duplex flat with a large terrace. The shop is let on a new 5 year lease at £35,000 pax whilst the 1 bedroom flat above is let on an AST at £24,000. Total income £59,000 pax The building has been comprehensively refurbished at a cost of over £600,000. There is scope to develop up and potentially out as well in due course. The property is in the heard of the Chalk Farm Regeneration area where over 1,600 flats and 400 student units are being developed. Later this year Morrisons will move into the Camden Goods Yard Scheme opposite and the temporary store will be developed into retail units with offices above.

Property Facts

Price £800,000
Unit Size 875 SF
No. Units 1
Total Building Size 1,503 SF
Property Type Retail (Unit)
Property Subtype Storefront Retail/Residential
Sale Type Investment
Building Class B
Number of Floors 3
Typical Floor Size 501 SF
Year Built 1901
Lot Size 0.03 AC

1 Unit Available

Unit 51

Unit Size 875 SF
Price £800,000
Price Per SF £914.29
Unit Use Retail
Sale Type Investment
Tenure Freehold
Description

The unit extends to 875 sq ft arranged as a  small shop with a new window frontage leading to a large recently built sky lit extension with exposed steel beams.

Sale Notes

Offers in the region of £800,000.

Interior
Interior
Interior
View Photo Interior
View Photo Interior
View Photo Interior

Amenities

  • 24 Hour Access
  • Security System
  • Roller Shutters
  • Roof Terrace

Nearby Major Retailers

Roti Modern Mediterranean
Costa Coffee
Morrisons
Nando's
Sainsbury's
Amazon Fresh
Co-OP
Anytime Fitness
Caffè Nero
Shake Shack
  • Listing ID: 34109497

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 51 Chalk Farm Rd, London NW1 8AN

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