Skip to content

95 Seven Sisters Road and 165 & 167 Hornsey Road, London N7 6RA

Fixed Price
£1,175,000

£371.48 per sq. ft.

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE
3,163 sq. ft.
(294 sq. m.)
SECTOR
High street retail property for sale

Key features

  • Prominent corner position. Thriving residential and commercial area.
  • The property is arranged on basement and ground oor to provide a large ground oor and basement mixed retail investment. A1 and A3 use.
  • The residential upper parts have been sold off on a 999 year lease at a peppercorn ground rent.
  • Reversion 2038. No breaks.
  • VAT is NOT applicable to this property.
  • Occupiers close by include Poundstretcher, Peacocks, Tesco Express, McDonald's and numerous independent retailers.

Property description

Tenure: Freehold

Investment Consideration:
OIRO: £1,175,000
Gross Initial Yield: 5.53%
Rent: £65,000 p.a.
Reversion 2038. No breaks.
RPI linked uplifts.
VAT is NOT applicable to this property.
Prominent corner position. Thriving residential and commercial area.
The property is arranged on basement and ground oor to provide a large ground oor and basement mixed retail investment. A1 and A3 use.
The residential upper parts have been sold off on a 999 year lease at a peppercorn ground rent.
0.95 km (0.55 miles) to Finsbury Park Station.
Occupiers close by include Poundstretcher, Peacocks, Tesco Express, McDonald's and numerous independent retailers.

Description:
The property is arranged on basement and ground floor mixed retail with the residential upper parts sold off on a 999 year lease at a peppercorn ground rent. The property benefits from a prominent corner position in a thriving residential and commercial area.

Tenancy:
The entire property is at present let to Hansali Corporate Limited t/a The Junction for a term of 20 years from the 19th February 2018 at a current rent of £65,000 per annum. The lease contains full repairing and insuring covenants. The property has A1 and A3 usage.

Location:
The property occupies a predominant position on the corner of Seven Sisters Road (A503) and Hornsey Road (A103), less than 0.4 km (0.25 miles) east of the A1 (Holloway Road), within a densely populated residential and commercial area. Nag's Head Shopping Centre is 0.27 km (0.17 miles) away. The Nag's Head area is one of two major retailing centres in London Borough of Islington with over 225 shops, leisure facilities, bars and restaurants. The property is situated within a short walking distance to the Sobell Leisure Centre and Emirates Stadium with the North Campus of London Metropolitan University also close by. The area is well served for transport communications: Finsbury Park (Main Line Rail, Victoria and Piccadilly London Underground Lines) is 0.88 km (0.55 miles) to the north east and Arsenal Underground Station (Piccadilly Line) is 0.64 km (0.4 miles) to the east. Seven Sisters Road and Hornsey Road are major bus routes along which there are numerous services running at frequent intervals.

Brochures

95 Seven Sisters Road and 165 & 167 Hornsey Road, London N7 6RA

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Arsenal Station0.5 miles
  • Finsbury Park Station0.5 miles
  • Holloway Road Station0.6 miles

About Blue Alpine, London

83c Ashley Gardens, Thirleby Road, London, SW1P 1HG

Blue Alpine is a leading advisory company that helps clients around the world turn property into a path for growth. We plan and deliver solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. Together, we unlock potential. At Blue Alpine, we believe a comprehensive understanding of a client’s financial goals are key to helping them fulfil their investment expectations. By employing a transparent and consultative approach we can asse

More properties from Blue Alpine, London

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 95SevenSistersRoad. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.