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seniorpropertiesgb.co.uk
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Holloway road |
Commercial |
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£2,600,000.00
- Holloway road
Holloway road
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MIXED USE Freehold building comprising 5 FLATS and one commercial unit on Holloway Road (A1), short walk from Holloway Road Underground and Emirates Stadium.
LOCATION
Unique Mixed use building on the corner of Holloway and Chillingworth Roads completely redeveloped in 2011 by the current owners into 5 Flats over the upper floors and one commercial unit over the ground floor. Positioned on the western side of the Holloway Road (A1), the main route north out of London. The subject property is uniquely located 2 minutes walk from London Metropolitan University and 6 minutes from Emirates Stadium (Google).
DESCRIPTION
The ground floor commercial unit has been leased to a restaurant operator on a 20 year lease from 2011. The first and second floors are of identical layout, containing two one bed apartments each. The top floor is occupied entirely by a three bed apartment The flats are all let on individual assured shorthold tenancies. All the flats are of modern contemporary design with a neutral finish to maximise rental potential. All the flat feature open kitchen/lounge and stylish bathrooms.
Current gross rental income is just under £149,000 per annum, offering an attractive initial yield and management opportunities. This stunning building is situated within a bustling neighbourhood with plenty of local charm which offers superb access to the transport links at Highbury & Islington station (National Rail & Victoria Line) and Holloway Road station (Piccadilly Line). Gastropubs, restaurants, markets and grocery stores are also only a stone’s throw away.
ACCOMMODATION
Ground Floor Restaurant 1820 (sq ft)
First Floor 1 bed 434 (sq ft) & 1 bed 512 (sq ft)
Second Floor 1 bed 434 (sq ft) & 1 bed 512 (sq ft)
Third Floor 3 bed, 2 bath 668 (sq ft)
TERMS
Sale Of Freehold
OUTGOINGS
Parties are advised to contact the local authority to make their own enquiries.
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