£1,100,000

Retail premises for sale

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Business

Guide price

£1,100,000

(£647.06/sq. ft)

Retail premises for sale

Holloway Road, London N7

1,700 sq. ft

Local area information

Property location

Nearby amenities

  • Holloway Road 0 miles
  • Sacred Heart Catholic Primary School 0.2 miles
  • Drayton Park Primary School 0.3 miles
  • Drayton Park 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Lower Holloway, Holloway and Cally to find out more about the local area.

Features and description

  • Freehold retail & 4 x studio flats investment
  • Retail unit of 938 sq ft across ground, first floor and stock room
  • Four flats sizes are: Flat A – 221 sq ft Flat B – 183 sq ft Flat C – 183 sq ft F
  • Let to Subs UK Ltd (franchisee tenant) on a fr&I lease for £37,000 p.a. For 16 y
  • 4 studio flats above are signed to a fixed 3 years contract at £13,500p.a. Per f
  • Total annual passing rent of £91,000 p.a.
  • Located on the A1 Holloway Road, opposite to Holloway Road Underground station
Property Description
> Freehold retail & 4 x studio flats investment
> Retail unit of 938 sq ft across ground, first floor and stock room
> Four flats sizes are:
Flat A – 221 sq ft
Flat B – 183 sq ft
Flat C – 183 sq ft
Flat D – 194 sq ft

Tenancy
> Let to Subs UK Ltd (franchisee tenant) on a fr&I lease for £37,000 p.a. For 16 years from Sept 2014 until Sept 2030 (no breaks)
> Rent review is every 4 years. Next review is due on 12th Sept 2026
> 4 studio flats above are signed to a fixed 3 years contract at £13,500p.a. Per flat, totalling to £54,000 p.a.
> Total annual passing rent of £91,000 p.a.

Location Description
> Located on the A1 Holloway Road, opposite to Holloway Road Underground station
> Nearby attractions/retailers include Emirates stadium, Tesco Express & Waitrose

Additional Notes
> VAT is not applicable

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. North London
  5. Islington
  6. Holloway Road