THE NEW QUARTER WILL BE NESTLED BETWEEN CAMDEN
TOWN, ONE OF NORTH LONDON'S MOST EXCITING CREATIVE HUBS
AND AFFLUENT PRIMROSE HILL KNOWN FOR ITS PANORAMIC VIEWS OF THE LONDON SKYLINE
New Camden Quarter will become a new destination responding to Camden Town's renowned alternative creativity and Primrose Hill's quaint village feel. This new destination will no doubt add to the continued desirability of this well-connected pocket of North London steeped in history.
New Camden Quarter consists of two freehold titles:
The main site is held under Freehold title number NGL703708 and the petrol filling station site is held under Freehold title number NGL755432.
Parts of the Freehold title are subject to a lease of underground tunnels. The lease is held under NGL861194.
The main site also benefits from a long leasehold interest in the south east corner of the site (part of the current Morrisons surface car park), which lies above Camden Market. The lease length is 999 years (from 17 February 2006) over this section, with the freehold being owned by Triangle Extension's Limited. The lease is held under title number NGL861438.
The data room contains a comprehensive title review including details of electricity sub-stations, access rights/ agreements, restrictions and services.
On behalf of Morrisons, offers are sought for the Freehold
interest in titles NGL755432 and NGL703708 alongside
the long leasehold interest in title NGL861438. The sale
will initially be subject to a development lease of the
entirety with the transfer of the Freehold/Long leasehold
interests on Morrisons' occupation of the new store and
The PFS site is required to form the first phase of the development and on construction completion the first floor will be used as a temporary Morrisons store until the new store within Block B has been completed. Both the new and temporary stores will be reprovided to Morrisons at shell and core.
The Morrisons areas will be re-provided and be subject to a 999 year lease at a peppercorn rent.