Retail premises for sale

162 Holloway Road, London N7

Description

Comprises a highly prominent retail/office building arranged as a ground floor shop and basement together with self contained first, second and third floor vacant offices. The ground floor shop and basement is tenanted. The upper floors are ideally suited for development/conversion and extension.

Location

The property is located in a highly prominent position on the North East side of Holloway Road (A1) close to the junctions of Drayton Park and Hornsey Road. Adjacent occupiers include the London Metropolitan University, Jamie Oliver Cookery School together with many well known multiple and local retailers, bars and restaurants. The Emirates Stadium is within walking distance. Transport facilities are excellent with Holloway Road Underground Station (Piccadilly Line) and Highbury & Islington Underground Station (Victoria Line) both being within walking distance.

Shop And Basement

The ground floor shop and basement is Let to 21st Centuryretro ltd on a proportional fr&I Lease that expired on the 17th June 2025 rent of £26,000 pax plus Vat. The Lease is within the security of the Landlord and Tenant Act 1954. There are ongoing negotiations with the tenants for them to take a new Proportional fr&I Lease. Further details are available upon request.

Price

£1,500,000 plus Vat with the benefit of the income from the Shop and basement.

Identification

In accordance with Anti-Money Laundering Regulations, two forms of identification will be required from the successful tenant.

Viewings

Strictly by appointment through owner’s sole agents.

Pre App

Our clients have submitted a Pre App (P2025/1637/min) to the local authority for a mixed-use refurbishment and extension of the upper floors, to create five self-contained flats which are 4x1 bed and 1x2 bed, while retaining a proportion of the office area on the first floor. Full details and Plans of the Pre App are available upon request.