Commercial property for sale in Holloway Road, London N19

£1,000,000
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Commercial property for sale

Property features

  • Freehold Building For Sale
  • Shop and Uppers
  • Four Rooms with En-Suites
  • Shared Kitchen
  • HMO Compliant
  • A3 Shop with Basement
  • Shop Lease Has 13 Years Remaining
  • Corner Building
  • Busy Holloway Road Footfall
  • Close to Upper Holoway Overland

Property description

Exciting opportunity to purchase this mixed use building, on Holloway Road. Set on the corner of Alexander road and Holloway road, this wonderful building offers both residential and commercial investment use, with a strong income level. The shop has an expansive space, and is currently a organic supermarket. It has benefits from a rear storage / Kitchen, as well as WC, and an extensive basement which is accessed through the main shop floor. The current lease is in place until February 2037, with a £17k pa income. The upper floors are set over the top two floors and have a separate side entrance off Alexander Road. This has been converted into a four room HMO (with all required HMO works completed). Each room has its own en-suite, whilst a large shared kitchen with breakfast bar, is used by all residents. Currently the residential units are all rented and produce an combined rental income of £45,300 pa. The residential rent does include all bills, and there is scope to increase these combined rents to around £52,800 pa. The combined income is currently £62,300 pa.

Property info

Floorplan(s): Floorplan 1

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Hanley Estates, N19 on +44 20 3463 8360 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hanley Estates, and do not constitute property particulars. Please contact Hanley Estates for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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