Retail premises for sale in 136 Holloway Road, Islington, London N7

Offers over £900,000 (£720/sq. ft)
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Retail premises for sale

1,250 sq. ft*

Property description

Key Points

  • Opportunity to acquire a retail investment with self contained residential upper parts in a popular Islington location.
  • Located on the busy Holloway Road close to the Emirates Stadium, London Metropolitan University.
  • Within walking distance of Holloway Road, Highbury & Islington, and Drayton Park underground/National Rail stations.
  • Total area of 1,250 sq. Ft gia (116 sq. M) gia, comprising 65 sq. Ft retail and 485 sq. Ft Residential.
  • Retail element let to an independent dessert retailer and café on a 10 year lease expiring 15th July 2031, at a passing rent of £25,000 per annum exclusive, subject to a rent review in July 2026. •
  • 2x one bedroom flats both leased at £15,080 per annum on Assured Shorthold Tenancies (AST’s).
  • Offers invited in excess of £900,000 (Nine Hundred Thousand Pounds), representing a Net Initial Yield of 7.00% on the retail income (c.£344,000) and £708 per sq. Ft on the residential uppers (c.£556,000).

    • Description

    136 Holloway Road is a fully built over site comprising an inter-terraced building believed to have been built in 1845 that consists of a retail unit arranged over ground and basement floors operating as a dessert retailer and café, whilst the upper floors comprise 2 x one bedroom flats above which benefit from their own demised entrance from Holloway Road.

    Location

    Situated along the busy Holloway Road, close to its junction at Liverpool Road and Drayton Park. The property is within a short walking distance of the Emirates Stadium and the London Metropolitan University. The building benefits from excellent transport connections with Holloway Road (Piccadilly Line), Highbury & Islington (Victoria Line and London Overground) and Drayton Park (National Rail) all within 5-7 minutes walk. Numerous bus routes also serve the area.

    Availability_Text

    The accommodation comprises the following areas:

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Strettons City & City Fringe, and do not constitute property particulars. Please contact Strettons City & City Fringe for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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