Retail premises for sale

Stroud Green Road, Finsbury Park N4

A fantastic freehold investment opportunity situated on the highly sought-after Stroud Green Road, comprising four well-positioned commercial units at ground-floor level, together with four self-contained residential flats above. The property provides an attractive and diverse income stream from both commercial and residential occupiers, with further potential to of redevelopment to the rear of the property.

Location
The property is prominently positioned on Stroud Green Road (A1201), within the established and popular Stroud Green/Finsbury Park area of North London. The road provides a vibrant mix of independent retailers, cafés, restaurants and local amenities.

The property benefits from excellent public transport connections, with Crouch Hill Overground station approximately 400 metres away and Finsbury Park station approximately 500 metres away. Finsbury Park provides access to the Piccadilly and Victoria Underground lines, as well as National Rail and Thameslink services, providing convenient connections into Central London and beyond.

Description
Commercial:

• Gross Income - £88,000 - x4 units

Upper Parts

• Gross Combined Income - £133,200

Overall:

• Overall combined income - £221,200 per annum

The current owner is looking to pursue a future planning opportunity for the rear land, with proposals for the development of two residential dwellings. The scheme offers potential to enhance the overall value of the property through the redevelopment of the existing rear land, subject to obtaining the necessary planning consents and approvals.

Further details of the proposed scheme are available upon request.

Accommodation
Ground Floor – 987 sq ft (91.7 sq m) - overall square footage of two commercial properties:

133a Stroud Green Road - Locksmiths

133b Stroud Green Road - Gold Insurance - Office Use

Residential Accommodation – 1,636 sq ft (152 sq m)

The upper floors comprise two self-contained residential flats. Flat 1 occupies the first floor and provides two bedrooms, a spacious kitchen/diner/reception room, bathroom facilities and additional storage.

Flat 2 is arranged over the second and third floors and provides three bedrooms, an open-plan kitchen/diner/reception area, bathroom facilities and eaves storage.

The residential accommodation totals approximately 1,636 sq ft, excluding the eaves storage, providing well-proportioned living accommodation above the commercial units.

Ground Floor Commercial, 135 Stroud Green Road (overall) – 921 sq ft (85.6 sq m)

135a Stroud Green Road - Nails & Beauty

135b Stroud Green Road - Opticians

Residential Accommodation – 1,679 sq ft (156 sq m)

The upper floors comprise two self-contained residential flats. Flat 1 occupies the first floor and provides one double bedroom, a reception room, kitchen/diner, bathroom facilities and additional storage. Flat 2 is arranged over the second and third floors, providing three bedrooms, a reception room, kitchen/diner and bathroom facilities.

The residential accommodation extends to approximately 1,679 sq ft (156 sq m) in total, providing substantial living accommodation above the commercial premises.

Total accommodation: Approximately 2,600 sq ft (241.6 sq m), excluding ancillary/storage areas.

Amenities
Freehold
Mixed-use investment
x4 Commercial Units
x4 Flats
Prominent Position
Potential opportunity for redevelopment to the rear

terms
Freehold Sale

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

Legal costs
Each party to bear own legal costs.

Viewing
Strictly via the Landlord's agent, Drivers and Norris