Retail premises for sale in Caledonian Road, London N1
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Property description
- BTC is pleased to present a Freehold building for sale in a prime location in Islington's Barnsbury area, N1, close to Kings Cross.
- The building spans 4 floors, featuring:
- A large commercial unit over 2 floors
- 2 x 1-bedroom apartments
Building Features:
- Recently refurbished to a high standard
- Ground floor: Lock-up shop and basement with flooring, glass frontage, small office, kitchenette, and WC
- First Floor: Modern 1-bedroom apartment with open plan living room and kitchen, bathroom, spacious bedroom with large period sash windows and high ceilings
- Top Floor: Modern apartment with stairs to the 2nd floor, open plan kitchen and reception, bathroom, spacious bedroom, and small loft area
Location:
- Situated on Caledonian Road, Barnsbury area
- Moments from Thornhill Square gardens
- A few minutes' walk to Caledonian Road tube station
- Close to Upper Street in Angel
- Excellent access to Kings Cross/St Pancras International
- Kings Cross/St Pancras International is a major transport hub with significant development and regeneration, attracting investment and amenities. Nearby developments include Google’s European headquarters and Central St Martins College, enhancing the area's desirability.
Details:
1. Commercial Unit:
- Producing £24,000 pa
- 10-year Fri lease with no break clause
- Rent review in 2024 and every 5 years thereafter
- Approx. 1449 sq ft (134.6 sq.m)
- Flats produce £42,000 pa
- Total rent per annum £66,000 with gross yield of 5.74%
- Development potential, subject to planning permission
Price: £1,150,000 subject to contract
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
BTC, N11 on +44 20 8022 5537 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by BTC, and do not constitute property particulars. Please contact BTC 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.