For Sale
Holloway Road, Holloway
£805,000


Well positioned Freehold for Sale - consists of 1x commercial Unit and 2x one Bedroom Flats

LOCATION
Positioned on the western side of the Holloway Road (A1), the main route north out of London. The subject property is uniquely located 2 minutes walk from London Metropolitan University and 6 minutes from Emirates Stadium. The location is a busy thoroughfare being only 300 meters from Holloway Road Underground Station (Piccadilly Line) and numerous bus routes servicing the area.

DESCRIPTION
This near end of terrace investment opportunity consists of a retail unit which occupies the ground floor and basement and further benefits from 2 x one bedroom flats which benefit from there own separate entrance

Commercial:
The current Commercial Tenant is on a 10 year FRI lease (granted July 2021) with an upward only rent review in the 5th year. the current tenant is paying £25,000 PAX

Residential:
Both are let on AST's:
Flat 1: £15,080 PA
Flat 2: £15,080 PA

TOTAL INCOME: £55,160 PA

ACCOMMODATION
Retail Unit:
Ground floor - 322 sq Ft (30 Sq M)
Basement - 143 Sq Ft (13 Sq M)

Residential Units:
First Floor - 382 Sq Ft (35 Sq M)
Second Floor - 403 Sq Ft (37 Sq Ft)

Gross Internal Area: 1,250 Sq Ft (116 Sq M)

AMENITIES
Close to Holloway Road station and Arsenal Football Stadium.

TERMS
Sale of Freehold

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

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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