Primrose Hill, London, NW1
- Leased
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About this office
Primrose Hill, London, NW1
110 Gloucester Avenue has been in the same family ownership since 1982 and is now on the market for the first time in 40 years.
It comprises over 9,500 sq ft of commercial space within two buildings, each accessed from the central courtyard.
The Property has been run as the Primrose Hill Business Centre for many years and there are currently 29 tenants in occupation on rolling 12 month License Agreements.
The passing (inclusive) fee income is considered to be significantly below the market value.
Total fee income for y/e 2020 was £335,000 per annum.
The front building is arranged over basement, ground and 3 upper floors with both an internal and external staircase providing a number of options for how the building is occupied.
The rear building, originally built as a warehouse, is arranged over 2 floors and benefits from an historic planning consent for an additional floor.
We are informed that a material start has been made making the consent current.
About the location
Marylebone
110 Gloucester Avenue is midway between the Lansdowne Pub and The Pembroke Castle, a 2 minute walk from the shops, bars and restaurants of Primrose Hill and a 4 minute walk from Chalk Farm Tube.
Location of Primrose Hill, London, NW1
Transport
Nearest Tube Stations
| Chalk Farm Underground Station |
|
Distance from office: 0.22 miles 0.35 km 5 mins walk |
|---|---|---|
| Camden Town Underground Station |
|
Distance from office: 0.50 miles 0.81 km 10 mins walk |
| Mornington Crescent Underground Station |
|
Distance from office: 0.79 miles 1.27 km 16 mins walk |
Nearest National Rail Stations
| Kentish Town Station | 0.88 miles 1.41 km 17 mins |
|---|---|
| Euston Station | 1.32 miles 2.12 km 26 mins |
Nearby Businesses
-
Roundhouse
Chalk Farm Road
Distance from office: 0.14 miles 0.23 km 3 mins walk -
The Lansdowne Pub & Dining Room
90 Gloucester Avenue
Distance from office: 0.04 miles 0.07 km 1 min walk -
The Engineer
65 Gloucester Avenue, Greater
Distance from office: 0.19 miles 0.30 km 4 mins walk -
The Enterprise Bar & Hotel
2 Haverstock Hill
Distance from office: 0.17 miles 0.27 km 4 mins walk -
The Lock Tavern
35 Chalk Farm Road
Distance from office: 0.28 miles 0.46 km 6 mins walk -
The Princess of Wales
22 Chalcot Road
Distance from office: 0.10 miles 0.16 km 2 mins walk
Types of Office Available
-
Leased Office
Longer term offices for rent - ideal for larger, established London businesses, able to make a longer commitment. More about Leased Office Space in London
More about Marylebone
Marylebone – in London NW1 – is an exclusive central London village occupying 92 acres from Marylebone High Street to the west, Portland Place to the east, Wigmore St to the south and north. Marylebone Road is to the north.
Marylebone is mostly period in style with some new buildings in the mix. All in all it’s a very pleasant and tidy environment. Whilst the area is comprised substantially of residential and retail space, a fair amount of commercial property has also been developed.
Marylebone is home to Lords Cricket Ground, Regent’s Park and London Zoo. An area with global recognition, Baker Street in particular is immortalised of course by Arthur Conan Doyle’s Sherlock Holmes.
Commercial Info
Marylebone is in The Borough of Camden
| Parliamentary Constituency | Holborn and St Pancras |
|---|---|
| Local Authority | Camden Borough Council |
Business in The Borough of Camden
| Employment Size | No. of Businesses |
|---|---|
| Data Source: ONS: UK Business: Activity, Size & Location Reports | |
| 0 to 4 people | 27130 |
| 5 to 9 people | 3205 |
| 10 to 19 people | 1810 |
| 20 to 49 people | 1035 |
| 50 to 99 people | 410 |
| 100 to 249 people | 250 |
| 250 to 499 people | 80 |
| 500 to 999 people | 45 |
| 1,000+ people | 65 |
| Total | 34035 |
| Annual Turnover | No. of Businesses |
|---|---|
| Data Source: ONS: UK Business: Activity, Size & Location reports | |
| £0k - 49k | 5265 |
| £50k - 99k | 6550 |
| £100k - 249k | 10395 |
| £250k - 499k | 4635 |
| £500k - 999k | 2815 |
| £1 million - £4.9 million | 1685 |
| £5 million+ | 220 |
| Total | 34035 |
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