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Informations principales sur l'investissement

  • VAT is NOT applicable to this property
  • Comprises three-storey office building with 9 parking spaces at front
  • Prominent location providing good access into central London for goods deliveries, with occupiers nearby including Screwfix, BSS, Topps Tiles and Sixt
  • Majority of the building let to NHS Foundation Trust until March 2033
  • Situated 1 mile from Kings Cross and less than 1 mile from Google, Facebook and YouTube HQs

Résumé analytique

Barnsbury is a predominantly residential district that is two miles north of central London. Brewery Road runs between the A5200 York Way to the west and the A5203 Caledonian Road to the east. The property stock along the road is predominantly commercial and comprises a mixture of light industrial/trade counter units and office buildings similar to those in Blenheim Court.. The location provides good access into central London for goods deliveries which enhances the appeal as a commercial location. The area has benefitted from the recent development and regeneration of the former railway land immediately to the north of Kings Cross St Pancras station. Situated 1 mile from Kings Cross and less than 1 mile from Google, Facebook and YouTube HQs. Occupiers in the vicinity of the property includes Screwfix, BSS, Topps Tiles and Sixt Vehicle Rental.

2 Lots disponibles

  • Lot
  • Surface du lot
  • Usage du lot en coprop.
  • Prix
  • RNE
  • Lot 9
  • 513 m²
  • Bureau
  • 2 288 136 € (4 457,79 €/m²)
  • 171 381,36 €
Type de vente Investissement
Taux de capitalisation 7,49%
Droit d’usage Emphytéose
Description
Unit 9 comprises self-contained office premises arranged over ground, first and second floor. The property benefits from 7 car parking spaces and provides the following accommodation and dimensions:
Ground floor reception: 77.9 sq m (839 sq ft)
First Floor office: 201.0 sq m (2,164 sq ft)
Second floor office: 234.3 sq m (2,522 sq ft)
Total GIA: 513.2 sq m (5,525 sq ft)
Notes sur la vente
The property is at present let to Camden & Islington NHS Foundation Trust for a term of 10 Years from 25th March 2023 at a current rent of £146,000 p.a. and the lease contains internal repairing and insuring covenants by way of service charge. Rent review on 25.03.28 open market upward only. Tenant option to determine on 25.03.28 with min 6 months notice. Tenant in occupation since 2016 and currently on their third lease renewal.

Tenure:
Long leasehold. Held on a 125 Year lease from 7th July 1989 at a ground rent of £25,999.75 p.a. Reversion 2114. There is an overriding headlease for Blenheim Court, which contains provision for five yearly upward only ground rent reviews. The review provisions assume a single letting of the entire development with the total ground rent geared to 30% of the agreed Market Rent. This figure is then apportioned between the individual units on a floor area basis.
  • Lot 10
  • 90 m²
  • Bureau
  • 528 031 € (5 871,57 €/m²)
  • 46 936,12 €
Type de vente Investissement
Taux de capitalisation 8,89%
Droit d’usage Emphytéose
Description
Unit 10 comprises self-contained office unit at ground floor. The property benefits from 1 car parking space and provides the following accommodation and dimensions:
Ground Floor: 89.9 sq m (968 sq ft)
Open plan office, 3 rooms, wc
Notes sur la vente
The property is at present let to Fittleworth Medical Ltd for a term of 5 Years from 1st July 2024 at a current rent of £40,000 p.a. and the lease contains internal repairing and insuring covenants by way of service charge. Tenant option to determine on 01.07.27 with min 6 months notice. Break clause in 2026 NOT exercised. Tenant in occupation since 2018, having expanded from a smaller unit within Blenheim Court.

Tenure:
Long leasehold. Held on a 125 Year lease from 7th July 1989 at a ground rent of £4,999.95 p.a. Reversion 2114. There is an overriding headlease for Blenheim Court, which contains provision for five yearly upward only ground rent reviews. The review provisions assume a single letting of the entire development with the total ground rent geared to 30% of the agreed Market Rent. This figure is then apportioned between the individual units on a floor area basis.
Lot Surface du lot Usage du lot en coprop. Prix RNE
Lot 9 513 m² Bureau 2 288 136 € (4 457,79 €/m²) 171 381,36 €
Lot 10 90 m² Bureau 528 031 € (5 871,57 €/m²) 46 936,12 €

Lot 9

Surface du lot
513 m²
Usage du lot en coprop.
Bureau
Prix
2 288 136 € (4 457,79 €/m²)
RNE
171 381,36 €

Lot 10

Surface du lot
90 m²
Usage du lot en coprop.
Bureau
Prix
528 031 € (5 871,57 €/m²)
RNE
46 936,12 €

Lot 9

Surface du lot 513 m²
Usage du lot en coprop. Bureau
Prix 2 288 136 € (4 457,79 €/m²)
RNE 171 381,36 €
Type de vente Investissement
Taux de capitalisation 7,49%
Droit d’usage Emphytéose
Description
Unit 9 comprises self-contained office premises arranged over ground, first and second floor. The property benefits from 7 car parking spaces and provides the following accommodation and dimensions:<br> Ground floor reception: 77.9 sq m (839 sq ft)<br> First Floor office: 201.0 sq m (2,164 sq ft)<br> Second floor office: 234.3 sq m (2,522 sq ft)<br> Total GIA: 513.2 sq m (5,525 sq ft)</li></ul>
Notes sur la vente
The property is at present let to Camden &amp; Islington NHS Foundation Trust for a term of 10 Years from 25th March 2023 at a current rent of &#163;146,000 p.a. and the lease contains internal repairing and insuring covenants by way of service charge. Rent review on 25.03.28 open market upward only. Tenant option to determine on 25.03.28 with min 6 months notice. Tenant in occupation since 2016 and currently on their third lease renewal.<br> <br> Tenure:<br> Long leasehold. Held on a 125 Year lease from 7th July 1989 at a ground rent of &#163;25,999.75 p.a. Reversion 2114. There is an overriding headlease for Blenheim Court, which contains provision for five yearly upward only ground rent reviews. The review provisions assume a single letting of the entire development with the total ground rent geared to 30% of the agreed Market Rent. This figure is then apportioned between the individual units on a floor area basis.</li></ul>

Lot 10

Surface du lot 90 m²
Usage du lot en coprop. Bureau
Prix 528 031 € (5 871,57 €/m²)
RNE 46 936,12 €
Type de vente Investissement
Taux de capitalisation 8,89%
Droit d’usage Emphytéose
Description
Unit 10 comprises self-contained office unit at ground floor. The property benefits from 1 car parking space and provides the following accommodation and dimensions:<br> Ground Floor: 89.9 sq m (968 sq ft)<br> Open plan office, 3 rooms, wc</li></ul>
Notes sur la vente
The property is at present let to Fittleworth Medical Ltd for a term of 5 Years from 1st July 2024 at a current rent of &#163;40,000 p.a. and the lease contains internal repairing and insuring covenants by way of service charge. Tenant option to determine on 01.07.27 with min 6 months notice. Break clause in 2026 NOT exercised. Tenant in occupation since 2018, having expanded from a smaller unit within Blenheim Court.<br> <br> Tenure:<br> Long leasehold. Held on a 125 Year lease from 7th July 1989 at a ground rent of &#163;4,999.95 p.a. Reversion 2114. There is an overriding headlease for Blenheim Court, which contains provision for five yearly upward only ground rent reviews. The review provisions assume a single letting of the entire development with the total ground rent geared to 30% of the agreed Market Rent. This figure is then apportioned between the individual units on a floor area basis.</li></ul>

Informations sur l’immeuble

Les informations ci-dessous concernent l’ensemble de l’immeuble. Les caractéristiques propres à chaque lot peuvent varier et sont précisées dans la description du lot présenté ci-dessus.
Surface totale de l’immeuble 1 462 m²
Type de bien
Bureau
  • Bureau, cabinet médical
Classe d’immeuble B
Étages 3
Surface type par étage 487 m²
Année de construction 1988
Surface du lot 19,02 ha
Ratio de stationnement 0,04/1 000 m²

Caractéristiques

  • Accès 24 h/24
  • Cour
  • Terrain clôturé
  • Système de sécurité
  • Cuisine
  • Éclairage d’appoint
  • Chauffage central
  • Accès direct à l’ascenseur
  • Lumière naturelle
  • Climatisation

Informations importantes sur l’occupant Cliquez ici pour accéder à

OCCUPANT m² Occupés DATE DE FIN DE BAIL
Electro Tech Colour Ltd - Jan 0000
  • ID de l’annonce: 40024850

  • Date de mise sur le marché: 03/04/2026

  • Dernière mise à jour:

  • Adresse: 62 Brewery Rd, Londres N7 9NY

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