Commercial property for sale in 47-51, Chalton Street, London, Greater London NW1, £3,050,000

3,050,000.00

Offer Nr.:
62471711
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Kinleigh Folkard & Hayward
Phone(s):
020 3007 0930

* Freehold
* Rare complete freehold in central location
* Close proximity to Euston Station and St Pancras International
* Asset management and development opportunity
**Description**
A rare opportunity to acquire a highly sought - after freehold in a superb
location, just off Euston Road. This four - storey (plus basement) mixed use
mid - terraced property offers both asset management and development
opportunities, suitable to a range of purchasers.
The commercial accommodation is over the basement, ground and first floor of
the property. Sn Estates Ltd occupies part of the ground floor and basement of
47 Chalton Street, whilst the remaining ground floor and basement space at
49 - 51 Chalton Street are vacant. The first floor office is also vacant.
The remaining floors of the property contain three self contained flats,
comprising a studio and two 3 bedroom flats, which are all currently vacant.
The second floor contains the studio and 3 bedroom flat and the entire third
floor comprises the other 3 bedroom flat.
Prime Mixed - Freehold Opportunity
**Location**
The property is positioned on the western side of Chalton Street, close to
Euston Road, in the Borough of Camden. The surrounding area is made up of a
mix of commercial and residential properties.
London Euston Station is 0. 2 miles away, the busiest intercity railway and is
due to see the arrival of the new HS2 by 2025. St Pancras International, which
connects London to the majority of the United Kingdom and Eurotunnel link is
0. 5 miles away.
The property lies in a highly desirable location with excellent surrounding
transport links and is 0. 2 miles from the British Library. Established nearby
retailers include Pret A Manger, Pizza Express and Barclays.
**Size Notes**
**Rent Description**
**Lease**
**Price Description**
We are instructed to seek offers in the region of £3. 05 million.
**Building Insurance**
**EPC**
Available upon request.
**Tenure Comments**
Commercial Tenancy Overview
The commercial accommodation at 47 Charlon Street is occupied by sn Estates, a
local estate agency (Class E use). ;
They occupy part of the ground floor and basement. They have a 5 - year lease
from the 1st of July 2019 with a current passing rent of £16, 635. 84 per annum,
a rent review is outstanding from December 2021.
49 Chalton Street containing ground, lower ground and basement is currently
vacant. The first floor of 47 - 51 Chalton Street is currently vacant
Residential Tenancy Overview
The three residential flats are all currently vacant.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)