Description
The property comprises a retail unit arranged over ground floor and basement with 2 self-contained one-bed flats above which benefit from separate access.

Location
The property is located along the busy Holloway Road, close to its junction of Liverpool Road and Drayton Park. The property is within a short walking distance of the Emirates Stadium and the London Metropolitan University. Transport links are excellent with Holloway Road (London Underground Piccadilly Line), Highbury & Islington (London Underground Victoria Line & London Overground) and Drayton Park (National Rail) Stations in close proximity. Numerous bus routes also serve the area.

Viewings
Strictly by appointment through SOLE agents

IDENTIFICATION:
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

Accomodation
Ground Floor (Commercial - Sales): 322 Sq Ft 30 Sq M
Basement (Commercial - Ancillary): 143 Sq Ft 13 Sq M
First Floor (Residential): 409 Sq Ft 38 Sq M
Second Floor (Residential) : 441 Sq Ft 41 Sq M

TOTAL AREA 1,315 Sq Ft 122 Sq M

Tenancies

Commercial

The premises are currently let to Mr Ugur Ibrahim Yalgin on a Full
Repairing and Insuring Lease for a term of 10 years from July 2021,
subject to an open market, upward only rent review at the end of the
5th year, at a rental of £25,000 per annum exclusive.

Residential

Both flats are currently let on Assured Shorthold Tenancies (AST):
Flat 1: £18,240 per annum AST: 16/12/2025 - 15/12/2026
Flat 2: £18,600 per annum AST: 16/05/2025 - 17/05/2026


TOTAL INCOME: £61,840 per annum

PRICE: £950,000

LEGAL COSTS: Each party to bear their own costs