LOCATION:

Located on a vibrant parade along Seven Sisters Road, just moments away from Holloway Road and Nag’s Head Market. Emirates Stadium is a mere 15-minute walk from the property. Transport links are excellent, with both Holloway Road (Piccadilly Line) and Finsbury Park (Victoria Line, Piccadilly Line, London Overground, and National Rail) Stations nearby. The area is also well-served by numerous bus routes.

DESCRIPTION:

This property offers a ground floor retail unit accompanied by two self-contained flats situated above.

AREAS (all measurements are approximate):

Ground Floor – Commercial            780 Sq Ft       (72.50 Sq M)

1^st Floor – Residential (Flat 1)              312 Sq Ft             (29 Sq M)

2^nd Floor – Residential (Flat 2)           463 Sq Ft             (43 Sq M)

TOTAL                                                                  1,555 Sq Ft      (144.50 Sq M)

TENURE:

Freehold

TENANCIES: 

Commercial

The premises are currently let to Kiswah Textiles Ltd (Company No. 09488650) on a Full Repairing and Insuring Lease for a term of 10 years from December 2021, subject to a rent review & tenant-only break option at the end of the 5th year, at a rental of £24,000 per annum exclusive.

Residential

Both flats are currently let on Assured Shorthold Tenancies (AST):

Flat 1: £16,800 per annum

Flat 2: £17,100 per annum

TOTAL INCOME:

£57,900 per annum

PRICE:

£1,150,000

LEGAL COSTS:

Each party to bear their own legal costs.

IDENTIFICATION:

Under the Money Laundering Regulations Act 2017, we are obliged to verify the identity of proposed buyers prior to instructing solicitors in order to assist in preventing fraud and money laundering. This information is required by Law.

VIEWING:

Strictly by appointment through owner’s SOLE agents as above.

CONTACT:

Mert Seyhan (020 7482 1203 / 07506 732734 /[email protected])

SUBJECT TO CONTRACT

NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT

Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: April 2024.