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22-24, Prince Of Wales Road, LONDON, London, NW5 3LG

30th July 2018
starts 10:30 AM at Grand Connaught Rooms
sold prior
undisclosed

Tenure: Freehold

Virtual freehold pair of retail units
Formerly utilised as art gallery
Planning permission granted for conversion to two self contained flats
Full vacant possession

Location:
Prince of Wales Road lies within the heart of Kentish Town leading between Kentish Town Road to the east and Haverstock Hill to the west. This popular and fashionable location benefits from a range of recreational pursuits including local bars and restaurants in the surrounding area while Talacre Gardens lie a short distance to the west. The property itself lies on the north side of Prince of Wales Road between its junction with Grafton Road and Ryland Road, a short distance to the east of Kentish Town West train station which provides links to Stratford, Richmond and Clapham Junction. Other transport links in the location include local bus routes whilst Chalk Farm underground station (Northern Line) lies to the south west and Kentish Town overground (Thames Link) lies to the north east. Kentish Town Road (A400) lies to the east and provides access north towards Tufnell Park and Archway linking with the A1 at Archway and south towards Camden Town and Regents Park.

Description:
The property comprises this pair of interconnecting retail units that was previously utilised as an art gallery and provides an internal area of some 106.6sqm (1,147.4sq.ft.) together with outside rear yard area.

Planning:
Planning permission was granted by the London Borough of Camden on 11th May 2017 (application reference 2016/6298/P) for the change of use of the ground floor from retail (use Class A1) to provide 2x one bedroom flats with alterations and repositioning of the front elevation, construction of the new front
boundary fence and gate.

Local planning authority:
The London Borough of Camden, Tel: 020 7974 4444

Current accommodation:
Retail Zone A 51.9sqm (558.6sq.ft.)
Retail Zone B 7.6sqm (81.8sq.ft.)
Internal storage area (1) 11.2sqm (120.5sq.ft.)
Internal storage area (2) 10.6sqm (114sq.ft.)
Office 1 11.7sqm (125.9sq.ft.)
Office 2 11.6sqm (124.8sq.ft.)
Kitchen 2sqm (21.5sq.ft.)
Internal area 106.6sqm (1,147.4sq.ft.)

Tenure:
To be sold on a lease for a term of 999 years from completion.

To view:
Strictly and only by prior arrangement with the auctioneers.






Important Notice:
For each Lot, a contract documentation fee of £1000 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.

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lot infomation last updated: 21st January 2019 at 10:52 AM
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