LOCATION

The property is situated in the Mid Town area of London on the East side of North Mews, close to the junction with Northington Street and running parallel to Grays Inn Road. Chancery Lane Underground Station (Central Line) is within a short walking distance and the property is served by numerous bus routes along Clerkenwell Road and Holborn. please findout clerkenwell property market information.

DESCRIPTION
Comprising two adjoining buildings that were substantially rebuilt approximately seven years ago.
The accommodation briefly comprises five self contained residential apartments ( 4 x one bedroom plus 1 x 3 bedrooms with 2 Bathrooms) arranged over first, second and third floors together with B1 office accommodation at ground and part lower ground floor level.

ACCOMMODATION (Approximate GIA)

Third Floor Penthouse 1,268 sq ft (117.85 m2)
Second Floor Apartment 683 sq ft (63.47 m2)
Second Floor Apartment 452 sq ft (42.00 m2)
First Floor Apartment 669 sq ft (62.17 m2)
First Floor Apartment 445 sq ft (41.35 m2)
Ground Floor Offices 1,000 sq ft (92.94 m2)
L. Ground Floor Offices/Storage 400 sq ft (37.17 m2)
Total 4,917 sq ft (456.95 m2)

CONSIDERATION

The freehold of the property is held in a single asset company and the shares in the holding company are being offered for sale.

We have been informed by our clients that the current holding company has no trading history, having been formed to enable the sole asset of 4/5 North Mews to be transferred from another company after reorganization and restructuring. The historic book value of the asset is approximately £806,954 plus indexation Offers are being invited in the region of £2.25million, subject to contract, for the purchase of 100% of the shares of the holding company.

For further information and inspections ( strictly by appointment) please contact Vendors Agents:
DANIEL J LACHS
INVESTMENT DIVISION
HURFORD SALVI CARR
ONE BRITTON STREET
LONDON EC1M 5NW
T: ++44 (0) 20 7566 9444
F: ++44 (0) 20 7566
daniel.lachs@h-s-c.co.uk

The statements contained in these particulars are believed to be correct but their

More Information about ground rent investment please visit www.hurford-salvi-carr.co.uk