Properties

Description The property comprises a 1950s residential building arranged over basement, ground and five upper floors. The ground floor provides retail units which have been sold separately with 25 residential flats above. Of the 25 flats, the long leasehold interest of 15 flats along with the building's head lease is included in the sale. The head lease does not include the retail units. The freehold interest is held in separate ownership. The 15 flats comprise 10x 1 beds and 5x 2 beds. The common areas could benefit from some refurbishment. The condition of the flats is mixed with some having benefited from recent refurbishment and others requiring some capital investment. The property benefits from a right to use large communal rear garden. 12 parking spaces in the basement (potential additional income). Approximate lettable/saleable area of 843 sq m (9,076 sq ft). Location The location benefits from a wide and varied offering including hotels, serviced apartments, traditional/serviced offices, retail and residential accommodation, amongst the various museums and tourist attractions. The property is positioned prominently on the west side of Southampton Row close to its junction with Russell Square and links Holborn in the south to Euston and St Pancras to the north. Holborn Underground Station (Central and Piccadilly lines) and Russell Square (Piccadilly line) are both located within a 5-minute walk of the property. Covent Garden, Oxford Circus, Soho and the majority of central London's key landmarks are within a short walk of the property.