Property Particulars

TO LET
HAMPSTEAD ROAD, NW1
THREE NEW COMMERCIAL SPACES ON THE
GROUND FLOOR OF NEW RESIDENTIAL
BLOCKS

Location These new commercial units are located on the busy

Hampstead Road, between Euston Road and Camden High
Street. The development is well positioned being located on the
edge of the large and leafy Regents Park Estate. Many bus
routes run along Hampstead Road and the nearest Underground
Station is at Mornington Crescent.

Accommodation There are three separate new ground floor commercial spaces
available to let laid out as shown on the floor plans. They
provide the following approximate gross internal areas:

UNIT 1, LINDALE, VARNDELL STREET, NW1 3QD

Ground Floor: approx. 94.57m2 (1018 sq ft) GIA

UNIT 1, MARDALE, 1-24 HAMPSTEAD ROAD, NW1

3FJ
Ground Floor: approx. 77.39 m2 (833 sq ft) GIA

UNIT 2, MARDALE, 1-24 HAMPSTEAD ROAD, NW1

3FJ
Ground Floor: approx. 50 m2 (539 sq ft) GIA
 The premises benefit from full shop front glazing and doors and
good floor to ceiling height. Other than that they are provided
in shell condition and the incoming tenant will be required to
design and fund the fit out of the premises for their own
occupation. The landlord will contribute towards the costs of
approved fit out works by way of a negotiated rent free period.

Planning The current permitted use in planning terms covers A1 (retail),

A2 (financial services), A4 (drinking establishment), within the
Town and County Planning Use Classes Order. Other suitable
uses may be considered subject to obtaining the necessary
planning consent and Landlord’s consent.

Rates Rateable Value: To Be Confirmed

Terms Subject to Contract a new lease in the council’s standard format

is available for each unit, for a term between 3 and 12 years
with three yearly upwards only rent reviews. Legal costs to be
borne by the ingoing tenant.

Uses The council is seeking offers ideally for A1 retail use or A2

financial services. Other uses such as B1 office, or D1 may be
considered subject to obtaining the necessary planning consent.

Rent Offers sought in excess of the guide rents below for each of
the three units
UNIT 1, LINDALE £38,500 per annum exclusive
UNIT 1, MARDALE £33,500 per annum exclusive
UNIT 2, MARDALE £20,000 per annum exclusive

Closing date Offers to be submitted by Mon 18 February 2019 @ 5 pm.

Viewings By appointment only on one of the following viewing dates:

Monday 14 January 2019 @ 10.30 am

Wednesday 23 January 2019 @ 11.00 am
Wednesday 30 January 2019 @ 2.30 pm
Thursday 7 February 2019 @ 2.00 pm

Please email Christine.dove@camden.gov.uk to confirm which

date you wish to attend.

Subject to Contract & the Council’s Standard Conditions and Lease Terms

MISREPRESENTATION ACT 1967 & PROPERTY MISDESCRIPTION ACT 1991. The London Borough of Camden give notice that:
The particulars do not constitute any part of an offer or a contract. All statements contained in these particulars as to this property are
made without responsibility on the part of the London Borough of Camden. All descriptions, dimensions and other particular are given
in good faith and are believed to be correct, but any intending tenants should not rely on them as statements or representations of
facts, and must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in employment of the
London Borough of Camden has any authority to make or give representation or warranty whatever in relation to these properties.

DATA PROTECTION ACTS 1984 & 1998 : The information provided by you is confidential, however we may pass on information to
the Benefit Agency, Employment Services and other Departments of the Council and the Rent Officer. We may also use the
information to prevent and detect fraud. Certain lease details may also be provided as comparable evidence to other commercial
landlords/tenants and/or their retained advisors.

Property Services Division, London Borough of Camden

3rd Floor, 5 Pancras Square, N1C 4AG