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Lot 11 Sold After

339/339a Finchley Road, Hampstead, London NW3 6EP

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Lot 11   Click here for addendum

Vacant 9,075 sq ft Prominent Retail Showroom
6 Week Completion

Situation

Located on this well known prominent and busy main road position at the junction with Lymington Road and being opposite Arkwright Road and the Camden Art Centre. The area benefits from excellent public transport facilities being just a few yards from Finchley Road & Frognal Station (Overground) and in close proximity to Finchley Road Underground Station (Jubilee and Metropolitan Lines) and West Hampstead Overground, Thameslink and Underground Stations.
In addition, the property is nearby the Ernest Park mixed use development which is currently under construction.
The O2 Centre is further along the Finchley Road, the multiple shopping facilities/eateries of West Hampstead and Hampstead lie approx. ½ mile distant and the West End lies approx. 3 miles to the south.

Property

Forming part of a modern residential/commercial development comprising a Large Self-Contained Showroom on raised ground and lower ground floors together with a basement, all in need of a refit following the exit of the previous tenant (Natuzzi).
The property has a prominent full height glass frontage together with a part glazed return frontage.

Click here to view the floor plans.

Accommodation

Raised Ground Floor Showroom
Gross Frontage              79'8''
Return Frontage             57'1''
GIA                                 Approx. 4,298 sq ft¹ incl. voids
Lower Ground Floor Showroom
GIA                                 Approx. 4,305 sq ft¹ incl. voids
Basement
GIA                                 Approx.    472 sq ft¹ incl. 2 WCs

                                       ________________________ 

Total GIA                        Approx. 9,075 sq ft¹

¹Area taken from Vendor's floor plans.

VAT - Refer to Auctioneers

Tenure

Leasehold for a term of 150 years from 1st January 2002 (thus having approx. 127 2/3 years unexpired) at a peppercorn ground rent.

Offered with Vacant Possession

Note: The property lends itself to a wide range of E Class uses including gym operators, retailers, office users etc.

Enquire about this lot:

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

Photo of Jonathan Ross

Jonathan Ross
020 8492 9449
jross@barnettross.co.uk

JOINT AUCTIONEER:
David Charles Property Consultants

Tel: 020 8866 0001   Ref: George Moriarty
george@davidcharles.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.