Commercial property for sale in London, England

No Access For Internal Viewings  Overview The property is a long leasehold interest situated on the ground floor and basement levels of an attractive building located in Bloomsbury, London.   We are advised the leasehold interest has consent for commercial usage as offices, however, we are advised the space is currently being used as two residential dwellings being let under assured shorthold tenancies in breach of the terms of the long leasehold.  RPRS have not been granted access to the properties and we are relying on information provided by the Joint Administrators and the legal pack. Purchasers must make their own investigations prior to bidding.   Location  Situated in the heart of Bloomsbury, Old Gloucester Street offers a prime central London address with excellent transport links and a wealth of local amenities. Nestled between Russell Square and Holborn, this desirable location provides easy access to the West End, the City, and major universities. Residents enjoy the charm of historic Bloomsbury with its garden squares, cultural landmarks, and a vibrant selection of shops, cafes, and restaurants. Excellent connectivity via nearby tube stations, bus routes, and mainline rail services makes this a highly sought-after area.  Accommodation & Tenancy Information  Ground floor - We are advised it is a one bedroom apartment comprising an open plan reception area and kitchen, WC, private patio, bedroom and ensuite.  * £1,600 per calendar month (£19,200 pax)  * Term: 5 years from 28 October 2024  * Rent payable annually in advance   Lower ground floor - We are advised it is a studio comprising an open plan reception room with kitchen, bathroom, living and sleeping area.  * £1,600 per calendar month (£19,200 pax) * Term: 3 years from 10 August 2023  * Rent payable quarterly in advance   Purchasers are advised to check the legal pack and AST Agreements.   Grade Listing Status  The building is Grade II listed. Interested parties should make their own investigations.   Council Tax  The ground floor is rated D by Camden Council. The lower ground floor is rated D by Camden Council. Interested parties should make their own investigations.  EPC  The ground floor is rated D. The lower ground floor is rated E. Interested parties should make their own investigations  Tenure  Leasehold  Term: 999 Years from 5 October 2011 Ground rent: check legal pack  Interested parties should make their own investigations  Guide Price  £650,000+  VAT Interested parties should make their own investigations  Online Auction Details  Date: Wednesday 30 April 2025 Bidding opens: 10.00am Bidding closes: 12.00pm Auction number: 108 Lot number: 114  Buyers Premium  2% (min, £3,000) plus VAT   Viewings There will be no access granted for internal inspection at the properties.   Disclaimer   RPRS have not inspected this lot internally and have relied upon information provided by the Joint Administrators and the legal pack. Purchasers must make their own investigations prior to bidding. Brochures Brochure 1

Commercial property for sale in London, England

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