For Sale
Holloway Road, Highbury & Islington
£1,250,000


This mid terrace Freehold Building comprises commercial unit and 2 residential dwellings only a short walk from Highbury and Islington.

LOCATION
The premises are situated on the west side of this extremely busy thoroughfare, linking up to several major road networks allowing for easy access to both Central London and City of London, close to the Highbury Round about in the heart of this densely populated commercial and residential catchment area.

The premises are within a few minute's walk from Highbury and Islington Station with a wide variety of retailers in the area which is well served by public transport with Holloway Road (Piccadilly Line) and Highbury & Islington (Victoria & Overground Lines) Stations close by and numerous bus routes serving the immediate area.

DESCRIPTION
This mid terrace Freehold Building comprises commercial unit and 2 flats over the upper floors.

Ground floor benefit from large open plan retail/office space with Air-conditioning, gas fired central heating, kitchenette and WC at the rear.

The are also 2 flats arranged over the upper floors.
2 bed flat let on an AST at £1,450 per calendar month from 8 May 2022 to 7 May 2022.
and a 1 bed flat currently let on AST at £1,300 per calendar month from15 October 2021 to and including 14 October 2022.

The flats are modern and well presented.

Total residential AST rental income £33,000 per annum.

Commercial unit expected rental value is £28,000 per annum of full repairing and insuring basis.


ACCOMMODATION
Gross Internal Area: 2,702 Sq Ft (251 Sq M)

TERMS
Sale of the Freehold

OUTGOINGS
Parties are advised to make their own enquiries with the local authority.

VIEWING
Strictly by appointment through Drivers and Norris.

office

For further details on this property please call us on:
020 7607 5001

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