Retail premises for sale in Caledonian Road, London N1

Summary:
- 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