12/12A South Grove & 108/108A Swains Lane Highgate Village London N6 6BJ

  • 12/12A South Grove & 108/108A Swains Lane<br>Highgate Village<br>London<br>N6 6BJ

12/12A South Grove & 108/108A Swains Lane
Highgate Village
London
N6 6BJ

A Rare Freehold Office, Residential,Children's Nursery and Warehouse Investment with Part Vacant Possession.

  • Prominent corner position in centre of affluent North London suburb
  • Situated close to Highgate High Street, Hampstead Heath and Kenwood
  • Total approximate floor area 486.9 sq m (5,242 sq ft)
  • Vacant possession of residential maisonette and office
  • Residential conversion potential subject to consents
  • First time on the market for 46 years
  • Lot
    14
  • Auction
    23rd October 2014
  • Rent
    £54,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £3,750,000
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On Behalf of Executor Trustees
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A Rare Freehold Office, Residential,Children's Nursery and Warehouse Investment with Part Vacant Possession.

  • Prominent corner position in centre of affluent North London suburb
  • Situated close to Highgate High Street, Hampstead Heath and Kenwood
  • Total approximate floor area 486.9 sq m (5,242 sq ft)
  • Vacant possession of residential maisonette and office
  • Residential conversion potential subject to consents
  • First time on the market for 46 years
  • Lot 14
  • Auction 23rd October 2014
  • Rent £54,000 per Annum Exclusive
  • Status Sold
  • Price £3,750,000
  • Sector
    Office
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On Behalf of Executor Trustees

Property Information

Location
Miles
4.5 miles north of London’s West End 0.25 mile east of Hampstead Heath
Roads
B519, A1, A406 (North Circular)
Rail
Highgate and Archway Underground Stations (Northern Line)
Air
London Heathrow, London City
Situation

The property occupies a prominent corner postion at the junction of South
Grove and Swains Lane directly opposite Pond Square in a highly affluent
residential area. Strada, Café Rouge, Cotes and Zizzi restaurants are all
situated nearby.

Tenure

Freehold.

Location
Miles
4.5 miles north of London’s West End 0.25 mile east of Hampstead Heath
Roads
B519, A1, A406 (North Circular)
Rail
Highgate and Archway Underground Stations (Northern Line)
Air
London Heathrow, London City
Situation

The property occupies a prominent corner postion at the junction of South
Grove and Swains Lane directly opposite Pond Square in a highly affluent
residential area. Strada, Café Rouge, Cotes and Zizzi restaurants are all
situated nearby.

Tenure

Freehold.

Description

The property comprises self-contained ground and lower ground floor office and
ancillary accommodation fronting South Grove with an adjoining D1 premises
currently used as a Children’s nursery together with a single storey warehouse
to the rear of 108A Swains Lane accessed from Swains Lane. In addition, there
is a self-contained four bedroom maisonette at first and second floor levels
(12A South Grove) also accessed from Swains Lane.

VAT

VAT is not applicable to this lot.

Viewings

There will be block viewings for this property. Interested parties must register
their details with the Auctioneers and provide indentification on site. Please contact Will Moore. Tel: +44 (0)20 7034 4858 or Stephen Graham. Tel: +44 (0)20 8374 1144

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises self-contained ground and lower ground floor office and
ancillary accommodation fronting South Grove with an adjoining D1 premises
currently used as a Children’s nursery together with a single storey warehouse
to the rear of 108A Swains Lane accessed from Swains Lane. In addition, there
is a self-contained four bedroom maisonette at first and second floor levels
(12A South Grove) also accessed from Swains Lane.

VAT

VAT is not applicable to this lot.

Viewings

There will be block viewings for this property. Interested parties must register
their details with the Auctioneers and provide indentification on site. Please contact Will Moore. Tel: +44 (0)20 7034 4858 or Stephen Graham. Tel: +44 (0)20 8374 1144

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Address Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
12 South Grove Ground
Lower Ground (incl. small rear garden)
Office and Ancillary
Accommodation
51.6 sq m
16.8 sq m
(556 sq ft)
(181 sq ft)
VACANT POSSESSION      
12A South Grove Ground
First
Second
Entrance Hall 3 Rooms, Kitchen, Bathroom 2 Bedrooms, 2 Bathrooms (One En-Suite)
4.8 sq m
64.5 sq m
57.2 sq m
(52 sq ft)
(694 sq ft)
(616 sq ft)
VACANT POSSESSION      
108 Swains Lane Ground & Small
Garden
Children’s Nursery Entrance Lobby
120.6 sq.m
5.6 sq m
(1,298 sq ft)
(60 sq ft)
LITTLE RACCOONS NURSERY LIMITED 10 years from 07/09/2012 (2) £30,000 07/09/2017
108A Swains Lane Ground Storage of Private Motor Cars
165.8 sq m
(1,785 sq ft)
GOLDSCHMIDT & HOWLAND LIMITED 5 years from 14/11/2012 (1) £24,000 (14/11/2017)
Totals
486.9 sq m
(5,242 sq ft)
    £54,000

(1) The lease contains a mutual option to determine at any time upon no less than 3 months’ notice and a tenant option to determine at any time with like notice in specific circumstances.
(2)The lease contains a tenant’s option to determine on the fifth anniversary of the term subject to six months’ prior notice. There is a limited personal guarantee and a rent deposit.

Contacts

Acuitus
Peter CunliffePeter Cunliffe +44 (0)20 7034 4850peter.cunliffe@acuitus.co.uk
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Associate Auctioneers
Stephen Graham Property Partnership 7a Southwood Hall , Muswell Hill Road
London
N6 5UF
020 8374 4744
Stephen Graham 020 8374 1144stephen@sgraham.co.uk
Seller's Solicitors
Blake Morgan Watchmaker Court, 33 St John's lane
London
London
EC1M 4DB
Michael Brandman 0207 814 5417michael.brandman@blakemorgan.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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