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302-304 Holloway Road, London, N7 6NJ

£50,000 pa

Property Description

Letting information:

Furnishing: Not Specified

Key features

  • Located on busy High Street
  • Basement+Kitchen
  • 24 hours alcohol license
  • Bus pass, paypoint, lottery machines
  • Income of £32,000 per week
  • Large storage space
  • High footfall area
  • Walking fridge/freezer
  • Close to the Holloway station

Full description

Large A1/A2 unit available immediately!-TO LET / LEASE ASSIGNMENT

Key Features
Located on busy High Street
24 hours alcohol license
Bus pass, paypoint, lottery machines
Income of £32,000 per week
Large storage space
Walking fridge/freezer
Close to the Holloway station
High footfall area

This is a great opportunity to acquire large retail unit with basement currently trading as cash & carry located on popular Holloway Road. The unit has A1 and A2 license and benefits from great location, marble flooring, large basement, kitchen area, 24 hours alcohol license, walking fridge/freezer and integrated CCTV system. The premises also benefits from on site buss pass, paypoint, lottery and sim card machines. The property is well maintained and in immaculate condition. The shop is open 24 hours, 7 days a week and generates steady weekly income of £32,000.

Holloway road is one of the main London’s shopping streets containing major household stores as well as numerous smaller shops. Holloway Road is the site of the main campus of the much-renamed London Metropolitan University and includes the Orion Building designed by Daniel Libeskind. Holloway Road is in close proximity to the newly build Arsenal stadium, Archway and West End. The Holloway station (Piccadilly station) is only moments away, providing connection to the rest of the capital and also Heathrow airport. The area is very well served by the local buses and accessible by car via A503 and A103.

Ground floor:
Width/Frontage: 37” approx
Depth: 58” approx
Ground floor size: 2,150sqft approx

Width/Frontage: 42” approx
Depth: 25” approx
First floor size: 1,125sqft approx

Total accommodation size: 3,275sqft approx

Leasehold/ Lease Assignment – £50,000 per annum
Our client wishes to assign the lease which has 12 years remaining.

Premium – our client is seeking a premium of £220,000 for the benefit of good will and the benefit of investment opportunity.

Interested parties are encouraged to make their own enquiries with the Borough of Islington.

By Prior Appointment through agents Ranson UK LTD.
Tel: 0207 538 4057

More information from this agent

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