Home » Property Search » Auctions » 09/02/17 » 8 Ferdinand Street, Camden Town, NW1 8ER

Lot 28 - 8 Ferdinand Street, Camden Town, NW1 8ER

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FREEHOLD COMMERCIAL INVESTMENT

Guide price: £315,000-£325,000 *

Auction Date

Thursday, 9th February 2017 11:00am

Location & Description

An end of terrace corner shop trading as a burger bar forming part of a local retail parade at the southern end of Ferdinand Street, close to its junction with Chalk Farm Road and opposite the recently refurbished Camden Assembly bar/music venue.

The Camden Roundhouse is on the other side of Chalk Farm Road with Camden Market about ¼ mile north and with Chalk Farm underground station a ¼ mile to the south.

Accommodation

First Floor: 220 sq ft (20.44 sq m)
Ground Floor: Retail/seating area 350 sq ft (32.53 sq m)

The entire property is let to Burger UK London Ltd for 5 years from July 2015 on repairing and insuring terms at £15,500 p.a.

EQUIVALENT TO £15,500 p.a.

EPC Rating

On Application

VIEWINGS

Saturday 28th January 2017 at 10.00am - 10.30am

Result

Sold for £491,000

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates. 

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.