£1,250,000

Restaurant for sale

  1.  Holloway Road 794-003
  2.  Seven Sisters Road 794, Flat A-005
  3.  Holloway Road 794-006
Just added
Freehold

£1,250,000

(£548.49/sq. ft)

Restaurant for sale

Holloway Road, Archway, Islington, London N19

2,279 sq. ft

Local area information

Property location

Nearby amenities

  • Archway 0.1 miles
  • St John's Upper Holloway CofE Primary School 0.2 miles
  • City of London Academy, Highgate Hill 0.2 miles
  • Upper Holloway 0.2 miles

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

Read our area guides for Upper Holloway, Dartmouth Park and Tufnell Park to find out more about the local area.

Features and description

  • Freehold
Mixed use freehold investment. Period building, comprised of restaurant on ground floor and 5 x residential flats arrangedover 1st and 2nd floors.

Location
The property is located on the east side of Holloway Road (A1), very close to its northern end, just moments from Archway Square. This prime spot places this freehold investment in the heart of a densely populated commercial and residential catchment area.

Transport links are exceptional: Archway Underground Station (Northern Line) is a few minutes' walk away, Upper Holloway Overground Station is nearby, and numerous bus routes service the immediate area.

Description
This terrace Freehold Building comprises commercial unit and residential dwellings currently producing £7600 pm. The property benefits from very high footfall being opposite Archway Underground Station (Northern Line). Near by occupiers include Iceland, Greg's, Costa Coffee, Co-Op, Starbucks, Coffee Republic and the very popular independent Coffee Shop Bread & Bean.

There is a Greek gyros restaurant and take-away on the gound floor. Above are 1st and 2nd floors of residential flats consisting of 1 x 1 bedroom apartment and 4 x studio flats.

Accommodation
Ground Floor restaurant: £31,200 pa. Gross Internal Area = 892 square feet

First and Second Floors: £60,000 pa. Gross Internal Area = 1387 square feet

Total: 2279 square feet

Total annual rent = £91,200

outgoings
Purchasers are advised to make their own enquiries with the Local Authority.

Legal costs
Each party to bear own legal costs.

Viewing
Strictly by appointment through the Landlord's sole agent Driver's and Norris.

Floor plans and tours

Floor plans (2)

Floor plan 1
Floor plan 2

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. Archway
  6. Holloway Road