93 Haverstock Hill Belsize Park London NW3 4RL

93 Haverstock Hill
Belsize Park
London
NW3 4RL

Freehold Dental Practice and Residential Ground Rent Investment

Let to Dentex Clinical Ltd (wholly owned by Portman Healthcare (Group) Ltd) until November 2032 (no breaks)
Highly affluent North-west London location
Prominently situated on the popular Haverstock Hill
Close to Belsize Park and Chalk Farm Underground stations
RPI linked rent review
Dental Practice for over 30 years
Extensive internal fit-out
VAT Free Investment

Lot
9
Auction
7th November 2024
Rent
£52,709 per Annum Exclusive
Status
Sold
Price
£735,000
Auction Venue
Live Streamed Auction

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Freehold Dental Practice and Residential Ground Rent Investment

Let to Dentex Clinical Ltd (wholly owned by Portman Healthcare (Group) Ltd) until November 2032 (no breaks)
Highly affluent North-west London location
Prominently situated on the popular Haverstock Hill
Close to Belsize Park and Chalk Farm Underground stations
RPI linked rent review
Dental Practice for over 30 years
Extensive internal fit-out
VAT Free Investment

Lot 9
Auction 7th November 2024
Rent £52,709 per Annum Exclusive
Status Sold
Price £735,000
Sector
Medical Centre/Doctors, Healthcare
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 0.7 miles North of Regents Park
Roads: A502, A41
Rail: Belsize Park, Chalk Farm Underground stations (Northern Line)
Air: London Heathrow Airport, London Stanstead Airport, London City Airport

Situation

The property is located in the affluent area of Belsize Park, located 0.7 miles north of Regents Park. The property is prominently situated on the busy Haverstock Hill, equidistant from Chalk Farm and Belsize Park underground stations. The immediate vicinity is highly fashionable, home to many restaurants, cafes and high-end local retailers.

Tenure

Freehold.

Location

Miles: 0.7 miles North of Regents Park
Roads: A502, A41
Rail: Belsize Park, Chalk Farm Underground stations (Northern Line)
Air: London Heathrow Airport, London Stanstead Airport, London City Airport

Situation

Tenure

Freehold.

Description

The property comprises a modern dental practice arranged over ground and basement floors with a rear courtyard. The upper two floors provide two self-contained flats which have been sold off on long leases.

VAT

VAT is not applicable to this lot.

Note

To view a 360 degree walkthrough tour of the property please click here - https://storage.net-fs.com/hosting/7067359/55/ Notices pursuant to Section 5B of the Landlord & Tenant Act 1987 have been served on the residential tenants.

EPC

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

Description

VAT

VAT is not applicable to this lot.

Note

EPC

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

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review
Ground Basement	Dentist Dentist	58.20 57.30	(626) (616)	DENTEX CLINICAL LIMITED (1)	15 years from 17/11/2017 until 17/11/2032	£52,702.29	17/11/2027
First	Residential	71.00	(764)	INDIVIDUAL	215 years from 25/03/1982	Peppercorn
Second	Residential	79.00	(850)	INDIVIDUALS	125 years from 25/03/1982	£50
Total Approximate floor area		265.50	(2,856) (2)			£52,752.29

(1) Following a recent merger, Dentex Clinical Limited is wholly owned by Portman Healthcare (Group) Limited, now one of the largest privately focused dental groups in the UK and of the Europe's largest dental care platforms with over 200 practices caring for over 700,000 patients (www.portmandentalcare.com).
(2) The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). The residential floor areas have been provided by the EPC's.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.