Well positioned Freehold for Sale - consists of 2 x commercial Unit and 4 x one Bedroom Flats
LOCATION
The premises are situated on the south side of Seven Sisters Road which links several major road networks, allowing for easy access to the North, Central London and City of London, at the junction with Holloway Road in the heart of this densely populated commercial and residential catchment area.
The space is within a few yards walk from The Nags Head Shopping Centre with nearby businesses including, Peacocks, Poundland, McDonalds, Costa Coffee, Post Office and Morrisons. The area is well served by public transport with Holloway Road (Piccadilly Line), Finsbury Park (Victoria & Piccadilly Lines) and Archway (Northern Line) Underground Stations close by and numerous bus routes serving the immediate area.
DESCRIPTION
Mid-terrace mixed use building which consists of 2 x commercial unit occupying the ground floor and 4 x one bedroom flats over the upper floors.
No. 82 Commercial Tenant - 20 year FRI commencing from 4 April 2025 - Rent £30k PAX.
No. 84 Commercial Tenant - 20 year FRI commencing from 11 January 2022 - Rent £22K PAX
Flat A - Assured Shorthold Tenancy for 1 year from 12.08.23 - Rent £1300 pcm / £15,600 pa
Flat B - Assured Shorthold Tenancy for 1 year from 24.09.24 - Rent £1360 pcm / £16,320 pa
Flat C - Assured Shorthold Tenancy for 1 year from 30.09.24 - Rent £1450 pcm / £17,400 pa
Flat D - Assured Shorthold Tenancy for 1 year from 01.10.24 - Rent £1450 pcm / £17,400 pa
Total Income: £118,720 pa
ACCOMMODATION
No. 82 - 648 Sq Ft
No. 84 - 683 Sq Ft
Net Internal Area: 1331 Sq Ft
Flat A - 1st floor - 1x bedroom - 419 Sq Ft
Flat B - 1st floor - 1x bedroom - 448 Sq Ft
Flat C - 2nd floor -1x bedroom - 415 Sq Ft
Flat d - 2nd floor - 1x bedroom - 452 Sq Ft
Gross Internal Area: 3065 Sq Ft
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.