For sale - whole building, lease inside the act for ground floor beauty clinic with 2 x residential flats above.
LOCATION
The property is conveniently positioned on Junction Road's busy parade, flats accessed via Vorley Road, on the boundaries of Dartmouth Park, Tufnell Park, Highgate and Holloway. Situated a short distance from Archway Underground Station (Northern Line). Many recognised retailers in close proximity including Iceland, Wenzels, Costa Coffee, and Starbucks, as well as a variety of independent businesses, provide excellent service to the neighbourhood.
Bus routes in all directions including north to Highgate, south to Angel, Old Street and City of London, west to Hampstead and east to Crouch End and Finsbury Park.
DESCRIPTION
Ground floor E-class unit suitable for all beauty, medical, dental or clinical uses. Presented in very good condition being used as a beauty and ascetics clinic. Benefits from high ceilings and street facing glass frontage. Interior comprises reception area, separate treatment rooms, wide carpted corridor, WCs and staff room.
On first and second floor there are identical footprint, 1 double bedroom flats, in good condition. With sepatate kitchen-diners, tiled and modern bathrooms and fully fitted kitchens. Each flat would rent for £1850 per month resulting in £45,000 income per annum.
Premium £145,000
ACCOMMODATION
Shop - 912 sq mt
AMENITIES
*Rental income from residential flats*
Refurbished to a high standard
Ground floor clinic
4 tratment rooms
WC
Kitchenette/Staff area
Highly visible location
TERMS
Assignment of an existing 20 Year Full Repairing and Insuring Lease inside the provisions of the Landlord and Tenant Act. Approximately 10 years remaining.
OUTGOINGS
Parties are advised to make their own enquiries with the local authority.
LEGAL COSTS
Each party to bear own legal costs, ingoing tenant to be responsible for the landlords legal costs associated with the assignment.
VIEWING
Strictly by appointment through Drivers and Norris.