camden road, islington, n7 bar... · 2019-06-03 · camden road, islington, n7 . agg.uk.com | 020...

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agg.uk.com | 020 7836 7826 8 Exchange Court, Covent Garden, London WC2R 0JU • Tel: 020 7836 7826 • www.agg.uk.com Directors A.R. Alder BSc (Hons) FRICS • J.B. Grimes BSc(Hons) MRICS • D. Gooderham MRICS • R.A. Negus BSc MRICS M.L. Penfold BSc (Hons) MRICS Associate Director P.A. Themistocli BSc (Hons) MRICS Notice AG&G for themselves and for the vendor of this property, whose agents they are given notice that 1. These particulars do not form any part of the offer or contract. 2 They are intended to give a fair description of the property. but neither AG&G nor the vendor accept responsibility for any error they may contain, however caused. Any intending purchaser must therefore satisfy himself by inspection or otherwise as to their correctness. 3 neither AG&G, nor any of their employees, has any authority to make or give any further representation or warranty in relation to this property. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction. THE CASTLE BAR, 392 CAMDEN ROAD, LONDON, N7 0SJ Prominent building fronting busy main road, surrounded by predominantly residential accommodation Car parking and trade patio to the front Self-contained access to the upper parts comprising 10 double bedrooms and a studio flat Within 10 mins walking distance of Caledonian Road and Holloway Road Underground Stations (Piccadilly Line) Gross internal area approx. 638 sq m (6,865 sq ft) May suit alternative uses (subject to obtaining necessary consents) FREEHOLD with vacant possession upon completion OFFERS INVITED (plus VAT) SUBJECT TO CONTRACT sole selling rights LonF581 SIZEABLE LANDMARK FREEHOLD PUB FOR SALE CAMDEN ROAD, ISLINGTON, N7

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Page 1: CAMDEN ROAD, ISLINGTON, N7 Bar... · 2019-06-03 · CAMDEN ROAD, ISLINGTON, N7 . agg.uk.com | 020 7836 7826 Location The property is situated within an area administered by the London

agg.uk.com | 020 7836 7826

8 Exchange Court, Covent Garden, London WC2R 0JU • Tel: 020 7836 7826 • www.agg.uk.com Directors A.R. Alder BSc (Hons) FRICS • J.B. Grimes BSc(Hons) MRICS • D. Gooderham MRICS • R.A. Negus BSc MRICS • M.L. Penfold BSc (Hons) MRICS • Associate Director P.A. Themistocli BSc (Hons) MRICS Notice AG&G for themselves and for the vendor of this property, whose agents they are given notice that 1. These particulars do not form any part of the offer or contract. 2 They are intended to give a fair description of the property. but neither AG&G nor the vendor accept responsibility for any error they may contain, however caused. Any intending purchaser must therefore satisfy himself by inspection or otherwise as to their correctness. 3 neither AG&G, nor any of their employees, has any authority to make or give any further representation or warranty in relation to this property. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

THE CASTLE BAR, 392 CAMDEN ROAD, LONDON, N7 0SJ

• Prominent building fronting busy main road, surrounded by predominantly residential accommodation

• Car parking and trade patio to the front

• Self-contained access to the upper parts comprising 10 double bedrooms and a studio flat

• Within 10 mins walking distance of Caledonian Road and Holloway Road Underground Stations (Piccadilly Line)

• Gross internal area approx. 638 sq m (6,865 sq ft)

• May suit alternative uses (subject to obtaining necessary consents)

FREEHOLD – with vacant possession upon completion

OFFERS INVITED (plus VAT)

SUBJECT TO CONTRACT sole selling rights

LonF581

SIZEABLE LANDMARK FREEHOLD PUB FOR SALE

CAMDEN ROAD, ISLINGTON, N7

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Location

The property is situated within an area administered by the London Borough of Islington and fronts Camden Road at its

junction with Hillmarton Road, approximately 650m west of Holloway Road and 500m north of Caledonian Road

Underground Stations. Both stations are serviced by the Piccadilly Line and provide frequent access into central London

(Leicester Square Station) with a journey time of around 12 minutes. The Emirates Stadium, home of Arsenal FC is

located within 15 minutes walking distance to the east.

Location plans are attached.

Description

An attractive corner property built on four storeys over part basement. There is a trade patio and car parking

for six vehicles to the front. The internal configuration is as follows:-

Ground Floor Ground floor subdivided into three trading areas, commercial kitchen, office and two

sets of customer wc’s.

First Floor Four letting bedrooms, shower room with wc. Separate self-contained studio flat.

Second Floor Three letting bedrooms, shower room with wc.

Third Floor Three letting bedrooms, shower room with wc.

Basement Cold beer store and general ancillary storage area.

External Car park and trade area to the front.

A set of existing floor plans are attached.

Services

We are advised that the property is connected to all mains services.

Licensing

The Premises Licence permits the sale of alcohol from 11:00am to midnight Monday to Thursday, 11:00am to

1:00am Friday to Saturday and from noon until 11:30pm Sunday.

Planning

From informal enquiry of the London Borough of Islington it has been ascertained that the property is not listed

as being of special architectural or historical interest. It is situated within the Hillmarton Conservation Area.

We have been advised that the property has the following approximate gross internal areas:-

Ground Floor 305 sq m (3,282 sq ft)

First Floor 80 sq m ( 861 sq ft)

Second Floor 80 sq m ( 861 sq ft)

Third Floor 58 sq m ( 624 sq ft)

Basement 115 sq m (1,237 sq ft)

Total 638 sq m (6,865 sq ft)

Using the online Promap measuring service the building footprint and site area are calculated to be:-

Building Footprint 322 sq m (3,572 sq ft)

Site Area 600 sq m (6,456 sq ft)

The trade patio to the front measures approximately 165 sq m (1,775 sq ft). NB: The floor areas set are approximate and is for guidance purposes only and no reliance should be placed on this when making any offer to purchase either expressly

or impliedly and for the avoidance of doubt AG&G Chartered Surveyors will be not liable for any losses howsoever arising in law as a result of the bidder placing any

reliance on such measurement. The successful bidder should state if they wish to undertake a measured survey prior to exchange of contracts to enable it to satisfy

itself of the precise measurements.

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Rating Assessment

The property is listed as a public house and premises and has a Rateable Value of £35,000.

Tenure

Freehold with vacant possession upon completion.

Development Prospects - subject to obtaining the necessary consents

Two draft schemes have been prepared showing how the upper parts of the building may be extended and converted to

create either:-

1. 24 en-suite letting bedrooms; or

2. Nine self-contained flats in the following configuration:-

• First floor 3 x two bedroom flats

• Second floor 3 x two bedroom flats

• Third floor 2 x one bedroom flats and 1 x two bedroom flat

Copies of these draft schemes are attached, higher resolution copies of these plans are available upon request.

Basis of Sale

Unconditional offers are invited for the freehold interest with vacant possession upon completion (VAT will be payable in

addition to the purchase price).

Viewings

Prospective purchasers are encouraged to undertake a discreet customer inspection in the first instance. For further

information and to organise a viewing, please contact Panayiotis Themistocli on either Tel: 020 7836 7826 or Email:

[email protected].

Arial View

Source: Google Maps.

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Location Plans

Source: Google Maps. Not to scale - Provided for indicative purpose

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Site Plan

Source: Land Registry. All plans provided are not to scale and are for indicative purposes only.

EPC

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Existing Floor Plans

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agg.uk.com | 020 7836 7826

Draft Scheme 1 – Extension and conversion of the upper parts to create 24 en-suite letting bedrooms.

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Draft Scheme 2 – Extension and conversion of the upper parts to create nine flats.

Proposed elevations

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Proposed first and second floor layout Proposed third floor layout

First floor 3 x two bedroom flats Third floor 2 x one bedroom flats and 1 x two bedroom flat

Second floor 3 x two bedroom flats