£1,150,000

Retail premises for sale

  1. Property photo 1 of 1.

£1,150,000

(£793.65/sq. ft)

Retail premises for sale

Caledonian Road, London N1

1,449 sq. ft

Local area information

Property location

Nearby amenities

  • St Andrew's (Barnsbury) Church of England Primary School 0.2 miles
  • Caledonian Road & Barnsbury 0.2 miles
  • Robert Blair School 0.3 miles
  • Caledonian Road 0.5 miles

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

Read our area guides for Barnsbury, Cally and Pentonville to find out more about the local area.

Features and description

Summary:
- BTC is pleased to present a Freehold building for sale in a prime location in Islington's Barnsbury area, N1, close to Kings Cross.
- The building spans 4 floors, featuring:
- A large commercial unit over 2 floors
- 2 x 1-bedroom apartments

Building Features:
- Recently refurbished to a high standard
- Ground floor: Lock-up shop and basement with flooring, glass frontage, small office, kitchenette, and WC
- First Floor: Modern 1-bedroom apartment with open plan living room and kitchen, bathroom, spacious bedroom with large period sash windows and high ceilings
- Top Floor: Modern apartment with stairs to the 2nd floor, open plan kitchen and reception, bathroom, spacious bedroom, and small loft area

Location:
- Situated on Caledonian Road, Barnsbury area
- Moments from Thornhill Square gardens
- A few minutes' walk to Caledonian Road tube station
- Close to Upper Street in Angel
- Excellent access to Kings Cross/St Pancras International
- Kings Cross/St Pancras International is a major transport hub with significant development and regeneration, attracting investment and amenities. Nearby developments include Google’s European headquarters and Central St Martins College, enhancing the area's desirability.

Details:
1. Commercial Unit:
- Producing £24,000 pa
- 10-year Fri lease with no break clause
- Rent review in 2024 and every 5 years thereafter
- Approx. 1449 sq ft (134.6 sq.m)

- Flats produce £42,000 pa
- Total rent per annum £66,000 with gross yield of 5.74%
- Development potential, subject to planning permission

Price: £1,150,000 subject to contract

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - BTC. 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 BTC for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. North East London
  5. Barnsbury
  6. Caledonian Road