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Holloway Road, London, N7

Guide Price
£1,100,000

£647.06 per sq ft

Business rates & charges may apply

Prideview Group, Middlesex
SIZE AVAILABLE

1,700 sq ft

158 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Freehold retail & 4 x studio flats investment
  • Retail unit of 938 sq ft across ground, first floor and stock room
  • Four flats on the upper floors totalling 781 sq ft
  • Let to Subs UK Ltd (Subway Franchisee) on a FR&I lease for £37,000 p.a. for 16 years until Sept 2030 (no breaks)
  • Studio flats let on a fixed 3 year let at £13,500 p.a.
  • Total annual passing rent of £91,000 p.a.
  • Located on the A1 Holloway Road, opposite to Holloway Road Underground station
  • Adjacent to London Metropolitan University and several large student accommodation buildings

Description

Investment Summary
> 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

Holloway Road, London, N7

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Holloway Road Station0.0 miles
  • Drayton Park Station0.3 miles
  • Caledonian Road Station0.4 miles

About Prideview Group, Middlesex

Prideview Place, 43 Church Road Stanmore HA7 4AA

The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.

We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.

We work closely with numerous propcos, traders, agents and vendors both off-market and via auction to deliver quality investment opportunities as well as a unique disposals service.

Each year we also host the biggest cricket day in the industry, The Prideview Cricketers' Cup, with all proceeds going to charity.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 19305. 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 Prideview Group, Middlesex. 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.

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