Guide price
£245,000
(£568.45/sq. ft)
Retail premises for saleAgincourt Road, London NW3
431 sq. ft
Just added
About this property
VAT is applicable
Tenanted at 18,335+VAT
Situated within a prime postcode of NW3
Equidistant to both Belsize Park & Hampstead Heath Station
Summary
Location
The premises is situated equidistant to Hampstead Heath Station and Belsize Park Underground Station, with Lismore Circus providing vast open green space nearby and other local amenities being on its doorstep.
Description
An opportunity to acquire this long leasehold (999 years from 24/06/2008) premises in Hampstead. With development potential above (STPP and Freeholders consent), this premises lends for an investor looking for a stabilised, low risk investment.
This Class E premises is arranged over ground floor and currently operated as a barber shop with a self-contained kitchenette and WC. The property has been fitted with wooden flooring, CCTV and panelled LED lighting. For owner occupiers, we feel the space would lend itself well to any professional services firm, property company or a coffee / deli bar.
The NW3 post code has attracted a substantial number of household names, lending itself as a great opportunity to secure an investment in a popular London neighbourhood.
Current income: 18,335+VAT on a 12 year lease
Long leasehold Sale: 999 years from 24/06/2008
Use: Class E
Rarely available
Situated within a prime postcode of NW3
Equidistant to both Belsize Park & Hampstead Heath Station
VAT applicable
Please contact one of our commercial property consultants at your earliest convenience to avoid potential disappointment.
Terms
Long leasehold for sale.
VAT
It is our understanding that VAT is applicable on the purchase price.
Legal costs
Each party to bear their own legal costs.
Viewing
Strictly by appointment only.
Location
The premises is situated equidistant to Hampstead Heath Station and Belsize Park Underground Station, with Lismore Circus providing vast open green space nearby and other local amenities being on its doorstep.
Accommodation
This Class E premises is arranged over ground floor and currently operated as a barber shop with a self-contained kitchenette and WC. The property has been fitted with wooden flooring, CCTV and panelled LED lighting. For owner occupiers, we feel the space would lend itself well to any professional services firm, property company or a coffee / deli bar.
Tenure
Long leasehold
EPC
Rating C, full report available upon request.
Rateable Value
Current rateable value (1 April 2023 to present) 12,250
This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.
Sourced from voa
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Location
The premises is situated equidistant to Hampstead Heath Station and Belsize Park Underground Station, with Lismore Circus providing vast open green space nearby and other local amenities being on its doorstep.
Description
An opportunity to acquire this long leasehold (999 years from 24/06/2008) premises in Hampstead. With development potential above (STPP and Freeholders consent), this premises lends for an investor looking for a stabilised, low risk investment.
This Class E premises is arranged over ground floor and currently operated as a barber shop with a self-contained kitchenette and WC. The property has been fitted with wooden flooring, CCTV and panelled LED lighting. For owner occupiers, we feel the space would lend itself well to any professional services firm, property company or a coffee / deli bar.
The NW3 post code has attracted a substantial number of household names, lending itself as a great opportunity to secure an investment in a popular London neighbourhood.
Current income: 18,335+VAT on a 12 year lease
Long leasehold Sale: 999 years from 24/06/2008
Use: Class E
Rarely available
Situated within a prime postcode of NW3
Equidistant to both Belsize Park & Hampstead Heath Station
VAT applicable
Please contact one of our commercial property consultants at your earliest convenience to avoid potential disappointment.
Terms
Long leasehold for sale.
VAT
It is our understanding that VAT is applicable on the purchase price.
Legal costs
Each party to bear their own legal costs.
Viewing
Strictly by appointment only.
Location
The premises is situated equidistant to Hampstead Heath Station and Belsize Park Underground Station, with Lismore Circus providing vast open green space nearby and other local amenities being on its doorstep.
Accommodation
This Class E premises is arranged over ground floor and currently operated as a barber shop with a self-contained kitchenette and WC. The property has been fitted with wooden flooring, CCTV and panelled LED lighting. For owner occupiers, we feel the space would lend itself well to any professional services firm, property company or a coffee / deli bar.
Tenure
Long leasehold
EPC
Rating C, full report available upon request.
Rateable Value
Current rateable value (1 April 2023 to present) 12,250
This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.
Sourced from voa
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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