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Long Yard, Bloomsbury, London, WC1N

Development Under Offer

Long Yard, Bloomsbury, London, WC1N
Floor area: 5,872 sq. ft. (546 sq. m.)
Leasehold

££1,750,000

Features

- Three storey former residential assessment and treatment centre.
- Situated on Long Yard, a cul-de-sac which lies just off popular Lamb's Conduit Street.
- Central London location close to Holborn, Russell Square and Kings Cross.
- Refurbished in 2011 to provide a 13-bedroom treatment centre, with lounges, service areas and discabled lift between ground and first floors.
- Approximately 5,872 sq. ft. GIA
- Planning Use Class C2
- The property is held on two separate long leasehold interests from the same landlord.
- The ground floor is held on a lease expiring 24th March 2083 (approximately 66 years remaining)
- The First and Second floors are held on a 90-year lease from 25th March 1984 (approcimately 57 years remaining)
- Offered with vacant possession
- We are instructed to seek offers in excess of £1,750,000 exclusive and subject to contract for the two long leasehold interests (approximately £298 per sq. ft)
-  

Nearest Train Stations

Transport  Russell Square Station - 0.26 miles
Piccadilly
Transport  Holborn Station - 0.38 miles
Central
Piccadilly
Transport  Chancery Lane Station - 0.43 miles
Central

Description

LOCATION
 
Bloomsbury, situated within the London Borough of Camden, is a Central London District lying between Holborn/Covent Garden to the south and St Pancras to the north.
 
The area of Bloomsbury is rich in historic culture associated with arts, medicine and education. Bloomsbury is home to a number of London's academic and medical institutions including University College London, Birkbeck College, the main library of the University of London, Great Ormond Street Hospital for Children and the Royal London Hospital for Integrated Medicine.
 
Bloomsbury also boasts a number of London's finest parks and open spaces including Coram's Fields, Russell Square, Bedford Square, Bloomsbury Square and Queens Square.
 
SITUATION
 
The property is excellently situated within a cul-de-sac at the north end of Lambs Conduit Street between the junctions with Guilford Street to the north and Great Ormond Street to the south.
 
The property is within an area of mixed commercial and residential property. Long Yard lies off Lambs Conduit Street which is host to a variety of retail and licensed premises as well as Great Ormond Street Childrens Hospital.
 
DESCRIPTION
 
Converted three storey alcoholic rehabilitation center. The premises are arranged over ground, first and second floors.
 
The ground floor accommodation offers a number of communal areas, commercial style kitchen, laundry and washroom area, and reception office. The first floor comprises management offices, six bedrooms and communal bath/showers and W.C.s. The second floor comprises of seven bedrooms, two bathrooms/W.C.s and two shower rooms. The staircase is centrally located and there is a 400kg disabled lift servicing theground and first floors.
 
The property is of solid brick construction with London Stock brick elevations under a flat roof, incorporating glazed roof lights behind a parapet. UPVC replacement windows and doors have been installed throughout and a single story side extension has been added in recent years to provide further lounge facilities.

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Contact the office

Copping Joyce Surveyors Ltd
27 Phipp Street
London
EC2A 4NP

020 7749 1040
: 020 7749 1042
info@coppingjoyce.co.uk

Stamp Duty to pay is:

No stamp duty tax (less than 125K)