Little Russell Street (1)
Freehold Investment/Development (S.T.P.P) For Sale
17 LITTLE RUSSELL STREET BLOOMSBURY, LONDON WC1
Location
Investment Summary
Ground Rent income from the 3 (sold off) residential apartments.
Holborn, Tottenham Court Road and Russell Square Underground stations are all within a few minutes' walk of the property. The open spaces of Bloomsbury Square Gardens are also situated within close proximity.
Vacant possession of the Ground and Lower
Description
notice.
An attractive period building arranged over the Lower Ground, Ground and 3 upper floors, comprising of three self-contained residential apartments. The three units have been sold off on 125 year residential leases from 1991. The total ground rent income per annum is £375 for the next 24 years, increasing to £468 for the following 25 years, to £585 thereafter and £732 for the final 25 years.
Freehold
Ground floor subject to 6 months' written
The property is located close to the junction of Bury Place and moments away from The British Museum.
Potential change of use subject to the necessary consents. We are seeking offers in excess of £400,000 (Four Hundred Thousand Pounds), subject to contract.
The Ground Floor and Basement is currently being used for A1 retail purposes.
VAT
Floor Areas
Floor Lower Ground Ground Total
GIA 405 sq. ft. 37 sq. m. 341 sq. ft. 31 sq. m. 746 sq. ft. 68 sq. m.
NIA 221 sq. ft. 20 sq. m. 277 sq. ft. 25 sq. m. 498 sq. ft. 45 sq. m.
Tenure Freehold.
To be confirmed. EPC To be confirmed. Proposal We are seeking offers in excess of £400,000 (Four Hundred Thousand Pounds) for the freehold interest of the property, subject to contract. Site Plan (For identification purposes only)
Tenancy The Ground and Lower Ground floor tenant is holding over. Vacant possession can be obtained upon six months' written notice. Floor Plans
The floor plans are for indicitative purposes only
Further Information For further information or to arrange a viewing, please contact the sole agents Robert Irving Burns: David Caldeira
Ben King
[email protected]
[email protected]
0207 927 0616
0207 927 6331
Misrepresentation Act. 1967. These particulars are intended only to give a fair description of the property and do not form the basis of a contract or any part thereof. These descriptions and all other information are believed to be correct but their accuracy is no way guaranteed.
17 LITTLE RUSSELL STREET BLOOMSBURY, LONDON WC1
Location
Investment Summary
Ground Rent income from the 3 (sold off) residential apartments.
Holborn, Tottenham Court Road and Russell Square Underground stations are all within a few minutes' walk of the property. The open spaces of Bloomsbury Square Gardens are also situated within close proximity.
Vacant possession of the Ground and Lower
Description
notice.
An attractive period building arranged over the Lower Ground, Ground and 3 upper floors, comprising of three self-contained residential apartments. The three units have been sold off on 125 year residential leases from 1991. The total ground rent income per annum is £375 for the next 24 years, increasing to £468 for the following 25 years, to £585 thereafter and £732 for the final 25 years.
Freehold
Ground floor subject to 6 months' written
The property is located close to the junction of Bury Place and moments away from The British Museum.
Potential change of use subject to the necessary consents. We are seeking offers in excess of £400,000 (Four Hundred Thousand Pounds), subject to contract.
The Ground Floor and Basement is currently being used for A1 retail purposes.
VAT
Floor Areas
Floor Lower Ground Ground Total
GIA 405 sq. ft. 37 sq. m. 341 sq. ft. 31 sq. m. 746 sq. ft. 68 sq. m.
NIA 221 sq. ft. 20 sq. m. 277 sq. ft. 25 sq. m. 498 sq. ft. 45 sq. m.
Tenure Freehold.
To be confirmed. EPC To be confirmed. Proposal We are seeking offers in excess of £400,000 (Four Hundred Thousand Pounds) for the freehold interest of the property, subject to contract. Site Plan (For identification purposes only)
Tenancy The Ground and Lower Ground floor tenant is holding over. Vacant possession can be obtained upon six months' written notice. Floor Plans
The floor plans are for indicitative purposes only
Further Information For further information or to arrange a viewing, please contact the sole agents Robert Irving Burns: David Caldeira
Ben King
[email protected]
[email protected]
0207 927 0616
0207 927 6331
Misrepresentation Act. 1967. These particulars are intended only to give a fair description of the property and do not form the basis of a contract or any part thereof. These descriptions and all other information are believed to be correct but their accuracy is no way guaranteed.
