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Hamilton House HAMILTON HOUSE 79-81 SOUTHAMPTON ROW | LONDON | WC1B 4HA FOR SALE CENTRAL LONDON RESIDENTIAL INVESTMENT OPPORTUNITY INVESTMENT HIGHLIGHTS 15 ONE AND TWO BEDROOM FLATS HELD ON An opportunity to LONG LEASES | HEAD LEASE FOR THE ENTIRE BLOCK | CURRENT GROSS OCCUPATIONAL acquire a significant LEASE INCOME OF £14,518 PCM (£175,000 PA) | POTENTIAL INCOME OF CIRCA £300,000 PA | prime apartment scheme ASSET MANAGEMENT OPPORTUNITIES INCLUDING REFURBISHMENT AND BREAK UP | in Central London. CONTROL OF THE SERVICE CHARGE | STRONG RENTAL DEMAND | POTENTIAL FREEHOLD ENFRANCHISEMENT | OFFERS INVITED HAMILTON HOUSE | 79-81 SOUTHAMPTON ROW | LONDON | WC1B 4HA LOCATION | THE PROPERTY IS LOCATED ON SOUTHAMPTON ROW OFF HIGH HOLBORN (A40) IN CENTRAL LONDON. | THE PROPERTY ITSELF IS SITUATED 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. HAMILTON HOUSE | 79-81 SOUTHAMPTON ROW | LONDON | WC1B 4HA DESCRIPTION | THE PROPERTY COMPRISES A 1950’s 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 BUILDINGS HEAD LEASE IS INCLUDED IN THE SALE. THE FREEHOLD INTEREST IS HELD IN SEPARATE OWNERSHIP. | THE 15* FLATS COMPRISE 4x 2 BEDS AND 11x 1 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 LARGE COMMUNAL REAR GARDEN. | 12 PARKING SPACES IN THE BASEMENT (POTENTIAL ADDITIONAL INCOME). | APPROXIMATE LETTABLE/SALEABLE AREA OF 836 SQ M (9,000 SQ FT). * Please note Flat 1 may not be available as part of the sale. HAMILTON HOUSE | 79-81 SOUTHAMPTON ROW | LONDON | WC1B 4HA FLOOR PLANS LOWER GROUND & GROUND FLOORS FIRST FLOOR SECOND FLOOR Kitchen/ Bedroom Bedroom Bedroom Reception Room Bedroom Bedroom Kitchen/ Bedroom Bedroom Bedroom Reception Room Bedroom Bedroom 13’6” x 10’6” 15’9” x 10’6” 11’3” x 10’6” 18’ x 12’6” 15’9” x 13’6” 13’6” x 10’6” 13’6” x 10’6” 15’9” x 10’6” 11’3” x 10’6” 18’ x 12’6” 15’9” x 13’6” 13’6” x 10’6” 4.11m x 3.20m 4.80m x 4.11m 3.43m x 3.20m 5.49m x 3.81m 4.80m x 4.11m 4.11m x 3.20m 4.11m x 3.20m 4.80m x 4.11m 3.43m x 3.20m 5.49m x 3.81m 4.80m x 4.11m 4.11m x 3.20m 3 8 Lift Lift 24'3'' x 24' 7.39 x 7.32m 5 1 10 6 Lift 4 2 9 7 Car Park 28'6'' x 22'6'' 85' x 48'3'' 8.69 x 6.86m 25.91 x 14.71m Kitchen/ Kitchen/ Kitchen/ Kitchen/ Kitchen/ Kitchen/ Kitchen/ Kitchen/ Reception Room Reception Room Reception Room Reception Room Bedroom Bedroom Reception Room Reception Room Bedroom Bedroom Reception Room Reception Room 19’9” x 13’ 20’ x 13’ 22’6” x 18’6” 22’6” x 18’6” 13’ x 10’9” 12’ 9”x 10’9” 22’6” x 18’6” 19’9” x 13’ 13’ x 10’9” 12’ 9”x 10’9” 20’ x 13’ 22’6” x 18’6” 6.02m x 3.96m 6.10m x 3.96m 6.86m x 5.64m 6.86m x 5.64m 3.96m x 3.28m 3.89m x 3.28m 6.86m x 5.64m 6.02m x 3.96m 3.96m x 3.28m 3.89m x 3.28m 6.10m x 3.96m 6.86m x 5.64m THIRD FLOOR FOURTH FLOOR FIFTH FLOOR Kitchen/ Kitchen/ Kitchen/ Bedroom Bedroom Bedroom Reception Room Bedroom Bedroom Bedroom Bedroom Bedroom Reception Room Bedroom Bedroom Bedroom Bedroom Bedroom Reception Room Bedroom Bedroom 13’6” x 10’6” 15’9” x 10’6” 11’3” x 10’6” 18’ x 12’6” 15’9” x 13’6” 13’6” x 10’6” 13’6” x 10’6” 15’9” x 10’6” 11’3” x 10’6” 18’ x 12’6” 15’9” x 13’6” 13’6” x 10’6” 13’6” x 10’6” 15’9” x 10’6” 11’3” x 10’6” 18’ x 12’6” 15’9” x 13’6” 13’6” x 10’6” 4.11m x 3.20m 4.80m x 4.11m 3.43m x 3.20m 5.49m x 3.81m 4.80m x 4.11m 4.11m x 3.20m 4.11m x 3.20m 4.80m x 4.11m 3.43m x 3.20m 5.49m x 3.81m 4.80m x 4.11m 4.11m x 3.20m 4.11m x 3.20m 4.80m x 4.11m 3.43m x 3.20m 5.49m x 3.81m 4.80m x 4.11m 4.11m x 3.20m 13 18 23 Lift Lift Lift 15 11 20 16 25 21 14 12 19 17 24 22 Kitchen/ Kitchen/ Kitchen/ Kitchen/ Kitchen/ Kitchen/ Kitchen/ Kitchen/ Reception Room Reception Room Bedroom Bedroom Reception Room Reception Room Kitchen/ Kitchen/ Kitchen/ Kitchen/ Reception Room Reception Room Bedroom Bedroom Reception Room Reception Room 22’6” x 18’6” 19’9” x 13’ 13’ x 10’9” 12’ 9”x 10’9” 20’ x 13’ 22’6” x 18’6” Reception Room Reception Room Bedroom Bedroom Reception Room Reception Room 22’6” x 18’6” 19’9” x 13’ 13’ x 10’9” 12’ 9”x 10’9” 20’ x 13’ 22’6” x 18’6” 6.86m x 5.64m 6.02m x 3.96m 3.96m x 3.28m 3.89m x 3.28m 6.10m x 3.96m 6.86m x 5.64m 22’6” x 18’6” 19’9” x 13’ 13’ x 10’9” 12’ 9”x 10’9” 20’ x 13’ 22’6” x 18’6” 6.86m x 5.64m 6.02m x 3.96m 3.96m x 3.28m 3.89m x 3.28m 6.10m x 3.96m 6.86m x 5.64m 6.86m x 5.64m 6.02m x 3.96m 3.96m x 3.28m 3.89m x 3.28m 6.10m x 3.96m 6.86m x 5.64m > CLICK ON INDIVIDUAL PLANS FOR LARGER VIEW. HAMILTON HOUSE | 79-81 SOUTHAMPTON ROW | LONDON | WC1B 4HA TENANCIES NUMBER OCCUPANCY UNIT LEASE START LEASE LENGTH TITLE NO. OF ROOMS SQ.M SQ.FT STATUS OCCUPATIONAL LEASE TERM RENT PCM Flat 1* 14/10/1975 86 years (less 10 days ) NGL270419 2 Bedrooms 85 915 Vacant N/A N/A from 25 March 1972 Flat 2 12/03/1984 86 years (less 10 days) NGL550705 1 Bedroom 43 463 Occupied Lease until 22.03.2020 1,625.00 Flat 3 04/07/1972 86 years (less 10 days) NGL208408 1 Bedroom 39 420 Occupied 20/04/2018 signed for 52 weeks 1,560.00 Flat 10 29/08/2006 176 years (less 10) NGL870810 2 Bedrooms 85 915 Sitting Tenant Exact date not known. 1,800.00 Tenant will vacate on 28/02/2018 Flat 11 21/09/2007 176 years (less 10) NGL889218 2 Bedrooms 85 915 Vacant N/A N/A Flat 12 21/11/2012 176 years (less 10) NGL930424 1 Bedroom 43 463 Vacant N/A N/A Flat 14 18/04/2004 86 years (less 10) NGL835124 1 Bedroom 43 463 Occupied Current tenant will move out 1,625.00 on 22 February 2019 and a new tenant is likely to move in from 26 February 2019 onwards Flat 17 23/01/1973 86 years (less 10) NGL219447 1 Bedrwoom 43 463 Occupied 19/01/2018 signed for 104 weeks 1,473.33 Flat 18 29/09/1973 86 years (less 10) NGL232204 1 Bedroom 39 420 Occupied 11/02/2018 signed for 52 weeks 1,560.00 Flat 19 09/01/1973 86 years (less 10) NGL219182 1 Bedroom 43 463 Flats 19 & 20 have been combined. Flat 20 01/06/2005 176 years (less 10) NGL850623 2 Bedrooms 85 915 Vacant Flat 21 18/05/2005 176 years (less 10) NGL850622 2 Bedrooms 85 915 Vacant N/A N/A Flat 22 25/07/1972 176 years (less 10) NGL209052 1 Bedroom 43 463 Occupied Lease until 22/03/2020 1,625.00 Flat 23 20/10/1972 86 years (less 10) NGL217637 1 Bedroom 39 420 Occupied 01/05/2018 signed for 52 weeks 1,625.00 Flat 24 19/12/1972 86 years (less 10) NGL217681 1 Bedroom 43 463 Occupied 23/09/2018 signed for 52 weeks 1,625.00 * Please note Flat 1 may not be available as part of the sale. HAMILTON HOUSE | 79-81 SOUTHAMPTON ROW | LONDON | WC1B 4HA FURTHER INFORMATION TENURE | HEAD LEASE | TITLE NUMBER - NGL303066 | HAMILTON HOUSE (SOUTHAMPTON ROW) MANAGEMENT LIMITED | COMMENCEMENT DATE: 25/12/1972 | 85¼ YEARS | RENT: £3,012 PA ASKING PRICE OFFERS INVITED EPCs FULL COPIES HAVE BEEN MADE AVAILABLE IN THE AVISON YOUNG DATAROOM. VENDORS INFORMATION PACK A DETAILED INFORMATION PACK IS AVAILABLE IN THE AVISON YOUNG DATAROOM: http://hamiltonhouse.avisonyoung.co.uk HAMILTON HOUSE | 79-81 SOUTHAMPTON ROW | LONDON | WC1B 4HA CONTACT FOR FURTHER INFORMATION, PLEASE CONTACT: JAMIE LAMOND T: 020 7911 2123 E: [email protected] 65 Gresham Street London EC2V 7NQ Avison Young hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent Avison Young is in this brochure is provided on the following conditions: 1.
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