13 Brecknock Rd 895 SF Retail Condo Unit Offered at $488,360 in London N7 0BL
INVESTMENT HIGHLIGHTS
- Freehold
- Potential For Alternative Uses
- Income Producing & Attractive Yield
- Large Shop Frontage, Prominently Located
- Established Tenant
- Arranged Over Ground and Lower Ground Floors
EXECUTIVE SUMMARY
Brecknock Road in N7 is a fantastic spot that perfectly blends charm and convenience. Nestled between Tufnell Park and Kentish Town, it’s close to great transport links like Tufnell Park Station (Northern Line) and plenty of bus routes, making it easy to get around. The area has a friendly community vibe, with lovely Victorian homes, independent cafes, gastropubs, and shops right on your doorstep.
PROPERTY FACTS
| Price | $488,360 |
| Unit Size | 895 SF |
| No. Units | 1 |
| Total Building Size | 4,512 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Sale Type | Investment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 799 SF |
| Year Built | 1850 |
| Lot Size | 0.13 AC |
AMENITIES
- Automatic Blinds
- Air Conditioning
1 UNIT AVAILABLE
Unit Retail
| Unit Size | 895 SF |
| Price | $488,360 |
| Price Per SF | $545.65 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
An opportunity to acquire a freehold retail property in a sought-after location on
Brecknock Road. This income-producing asset is securely let to a reliable tenant.
Positioned in a vibrant area with strong footfall, close to Kentish Town and Tufnell
Park, this property benefits from excellent transport links and a thriving local
community.
SALE NOTES
Attractive Income Producing Freehold Investment Located on Prominent Brecknock Road
The property is leased to Camden Skincare Ltd for a term commecing 20th
December 2022, and ending on 4th January 2029. The lease is excluded from the provisions of the 1954 Landlord and Tenant Act.
The current passing rent is £25,000 per annum, with the lease secured by a
personal guarantor. There is an outstanding rent review from January 2024.
There are 3 flats above sold off on 250 years leases from October 2015. The ground rents are as follow:
Flat 1: £400 per annum
Flat 2: £500 per annum
Flat 3: £500 per annum
Total: £1,400 per annum
Price: £365,000
NEARBY MAJOR RETAILERS
