16 Flask Walk, Hampstead, NW3 1HE | Property for sale | Savills
1,570 sq ft(145.86 sq m)
£1,850,000

16 Flask WalkHampstead, NW3 1HE

  • New
  • Freehold
Leisure
1,570 sq ft (145.86 sq m)

Key features

  • Freehold
  • Located in the heart of Hampstead Village
  • Fully refurbished two double bedroom flat with terrace
  • 1 minute walk from Hampstead Underground Station
  • Scope to implement asset management initiatives
  • Offers invited

MIXED USE FREEHOLD OPPORTUNITY

About this property

  • Tenancy
    The ground floor is let to La Cage Imaginaire on a lease expiring 26th December 2026 with a rent review due 26th December 2024. The passing rent is £25,800 per annum and the property is considered to be highly reversionary with the previous rent review not enacted due to Covid-19. Further lease details including a copy of the lease are available on request.

    The first and second floors are let on an Assured Shorthold Tenancy (AST) at a yearly rent of £33,000 (£2,750 per calendar month) and would also be considered reversionary.

    Council Tax Band
    Band F

    Local Authority
    Camden

    EPC
    A valid EPC for this property can be made available upon request.

    VAT
    We understand the property has not be elected for VAT.

Local information

  • The property is located on Flask Walk which is a popular thoroughfare from Hampstead High Street to the south, leading towards Hampstead Heath to the north.
  • The street is part-pedestrianised with an attractive cobbled walkway which is lined on either side with a number of independent cafes and shops. The Flask public house is adjacent to the subject property. The northern section of the street is predominantly high end residential.
  • Hampstead is a densely populated and highly affluent London suburb approximately 4 miles north of Central London with good transport links to both the West End and The city of London. Hampstead Underground Station is a 2 minute walk away and is served by the Northern Line. The location is also served by a number of bus routes.
  • The property benefits from being in close proximity to an array of stylish retail shops and restaurants. Nearby occupiers include: Jimmy Fairly, Aesop, Brandy Melville, Bimba y Lola, Goucho, Cote and Patara.

Available space

Namesq ftsq m
Ground - Restaurant60856.49
1st - Residential59855.56
2nd - Residential36433.82
Outdoor - Terrace22921.27