Guide price
£1,100,000
(£647.06/sq. ft)
Retail premises for saleHolloway Road, London N7
1,700 sq. ft
Business
About this property
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 F
Let to Subs UK Ltd (franchisee tenant) on a fr&I lease for £37,000 p.a. For 16 y
4 studio flats above are signed to a fixed 3 years contract at £13,500p.a. Per f
Total annual passing rent of £91,000 p.a.
Located on the A1 Holloway Road, opposite to Holloway Road Underground station
Property Description
> 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
> 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
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