£950,000

Retail premises for sale

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Just added
Freehold

£950,000

(£760.00/sq. ft)

Retail premises for sale

Holloway Road, Holloway N7

1,250 sq. ft

Local area information

Property location

Nearby amenities

  • Drayton Park Primary School 0.2 miles
  • Sacred Heart Catholic Primary School 0.2 miles
  • Holloway Road 0.2 miles
  • Drayton Park 0.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Lower Holloway, Highbury and Cally to find out more about the local area.

Features and description

  • Freehold
Well positioned Freehold for Sale on Holloway Road - consists of 1x commercial Unit and 2 x one Bedroom Flats

Location
Positioned on the western side of the Holloway Road (A1), the main route north out of London. The subject property is uniquely located 2 minutes walk from London Metropolitan University and 6 minutes from Emirates Stadium. The location is a busy thoroughfare being only 300 meters from Holloway Road Underground Station (Piccadilly Line) and numerous bus routes servicing the area.

Postcodes of N7 and N19 are predicted to have higer growth than the more traditional post codes of N1 and N5 in Islington.

Description
This near end of terrace investment opportunity consists of a retail unit which occupies the ground floor and basement and further benefits from 2 x one bedroom flats which benefit from there own separate entrance

Commercial:
The current Commercial Tenant is on a 10 year Fri lease (granted July 2021) with an upward only rent review in the 5th year. The current tenant is paying £25,000 pax

Residential:
Both are let on AST's:
Flat 1: £18,000 pa
Flat 2: £15,840 pa

total income: £58,840 pa

accommodation
Retail Unit:
Ground floor - 322 sq Ft (30 Sq M)
Basement - 143 Sq Ft (13 Sq M)

Residential Units:
First Floor - 382 Sq Ft (35 Sq M)
Second Floor - 403 Sq Ft (37 Sq Ft)

Gross Internal Area: 1,250 Sq Ft (116 Sq M)

amenities
Close to Holloway Road station.
Moments Arsenal Football Stadium.
Adjacent to London Metropolitan University
Bordering Highbury, Holloway and Barnsbury
Prominent glass fronted shop front
Fully Let Investment

terms
Sale of Freehold

outgoings
Parties are advised to contact the local authority to make their own enquiries.

Legal costs
Each party to bear their own legal costs.

Viewing
Strictly by appointment through Drivers and Norris.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Drivers & Norris. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Drivers & Norris for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. North London
  5. Islington
  6. Holloway Road