Mixed use freehold for sale, located at the Northern End of Hornsey Road just before Hornsey Rise/Crouch End and Elthorne Park. This is a busy local parade and thoroughfare.
The property is located on the south side of this busy thoroughfare of Hornsey, which links Hornsey Rise and Seven Sister Road, and is near the junction with Fairbridge Road, in the heart of this densely populated commercial and residential catchment area, with the area currently undergoing a massive regeneration. There are excellent public transport links with Crouch End Overground and Archway Underground (Northern Line) stations close by and many bus routes serving the immediate area.
This tenanted investment is comprised of 6 x Flats (Sold on long leases, paying £1,500 PA ground rent in total) 2 x commercial units over the ground floor and basement. The ground floor is accessed via the shop front and the basement via the internal staircase. The basement is thought suitable for redevelopment and/or alternative use subject to the necessary consents.
481 Hornsey Road unit occupies just the ground floor and receiving £9,000 PAX on FRI Lease
483 Hornsey Road has recently been re-issued a lease paying £16,000 PAX on FRI Lease - granted December 2022
Gross internal Area: 2,082 Sq Ft (193.4 Sq M)
Floor to ceiling windows
Freehold for Sale.
Parties are advised to make their own enquiries with the local authority.
Strictly by appointment through Drivers and Norris
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