4 to 8a Canfield Gardens Hampstead London NW6 3BS

4 to 8a Canfield Gardens
Hampstead
London
NW6 3BS

Central London Retail Investment

Highly affluent central London suburb
Busy and attractive building adjacent to Finchley Road underground station
Located off of Finchley Road in Hampstead
VAT free investment
Neighbouring occupiers include, Pret a Manger, Tortilla, Subway, Waitrose and the O2 shopping and entertainment centre

Lot
17
Auction
13th February 2025
Rent
£25,250 per Annum Exclusive
Status
Deferred
Price
Auction Venue
Live Streamed Auction

Interested?

Expand
Photos
Map

Central London Retail Investment

Highly affluent central London suburb
Busy and attractive building adjacent to Finchley Road underground station
Located off of Finchley Road in Hampstead
VAT free investment
Neighbouring occupiers include, Pret a Manger, Tortilla, Subway, Waitrose and the O2 shopping and entertainment centre

Lot 17
Auction 13th February 2025
Rent £25,250 per Annum Exclusive
Status Deferred
Price
Sector
Retail, High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 2 miles north-west of Regent’s Park, 3 miles north-west of the West End of London
Roads: A41, A406, M1, A1
Rail: Finchley Road, West Hampstead and Kilburn Underground Stations and West Hampstead Thameslink
Air: London Heathrow Airport

Situation

Canfield Gardens is situated on the west side of the very busy Finchley Road (A41), between Finchley Road underground station and a large Waitrose. The property is situated on the north side of Canfield Gardens, between its junctions with Canfield Place and Broadhurst Gardens. Neighbouring occupiers include, Pret a Manger, Tortilla, Subway, Waitrose and the O2 shopping and entertainment centre

Tenure

Long Leasehold. Held from the London Borough of Camden for a term of 125 years from 16/07/1981 at a current rent reserved of £400 per annum exclusive.

Location

Miles: 2 miles north-west of Regent’s Park, 3 miles north-west of the West End of London
Roads: A41, A406, M1, A1
Rail: Finchley Road, West Hampstead and Kilburn Underground Stations and West Hampstead Thameslink
Air: London Heathrow Airport

Situation

Tenure

Long Leasehold. Held from the London Borough of Camden for a term of 125 years from 16/07/1981 at a current rent reserved of £400 per annum exclusive.

Description

The property comprises a ground floor lock up shop which forms part of a larger building and includes three other retail units and nine flats. The flats have been sold off on long leases.

VAT

VAT is not applicable to this lot.

Completion Period

6 weeks

EPC

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

Description

The property comprises a ground floor lock up shop which forms part of a larger building and includes three other retail units and nine flats. The flats have been sold off on long leases.

VAT

VAT is not applicable to this lot.

Completion Period

6 weeks

EPC

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

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review (Reversion)
4	Ground	Retail	68.20	(734)	LOFT COFFEE COMPANY LIMITED (CRN: 08222023)	84 years from 29/11/2022	£100	(13/07/2106)
6	Ground	Retail	52.80	(568)	CAMURE LIMITED t/a Dry Cleaners	120 years from 29/09/1982	£150	(28/09/2102)
8	Ground	Retail	26.20	(282)	INDIVIDUAL t/a Barbers	20 years from 17/04/2017	£25,000	2027 and 5 yearly
8A	Ground Mezzanine	Retail	26.67 25.10	(287) (270)	INDIVIDUAL t/a Parkheath Estate Agents	99 years from 25/03/1998	Peppercorn	(24/03/2097)
Flat A Flat B,C,D Flat E (1,2&3)	Second Third First	7 x Residential flats			INDIVIDUALS	6 individual leases expiring 28/09/2192 (1)	Peppercorn	(28/09/2192)
Flat 5 Flat 6	Second	2 x Residential flats			INDIVIDUAL	2 individual leases expiring 2106 to be granted from completion of the sale	Peppercorn
Total approximate commercial floor area			198.70 (2)	(2141)(2)			£25,250

(1) Flat E (1,2 & 3) are let until 02/08/2102
(2) The floor areas stated above are those published bt the Valuation Office Agency at https://www.tax.service.gov.uk/business-rates-find/back-to-list-valuations .

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.