Commercial property for sale in Roman Way, London N7
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Secure Underground Car Garage
- Unique Opportunity
- Offered with Full Vacant Possession
- Opportunity to Create High Yielding Investment
- Parking for Approx. 90 Vehicles
- 20,545 sq ft
- Potential Gross Income of £270,000 per annum
Property description
Strapline
Auction Sale - 28/02/2024
Of Interest to Investors.
Rarely Available Central London B8 Warehouse / Car Garage Opportunity.
Currently a Secure Underground Car Park with Approx. 90 Spaces.
Opportunity to convert into Self storage facility.
Description
The property comprises a secure underground basement garage/car park situated under Caister House a large apartment block with access via Bride Street leading from Roman Way there is a single ramped entrance and exit point. The property comprises approximately 20,545 square feet.
The property would be suitable for either its continued use for a high end car storage facility or, alternatively, as being used as a self-storage facility or other warehouse /storage uses.
Based on current parking rates in the area, we understand a gross income of £270,000 may be achievable. This is based on £3,000 per annum, per space.
The property would be suitable for either its continued use for a high end car storage facility or, alternatively, as being used as a self-storage facility.
Location
The property is located on Bride Street near to Roman Way and Caledonian Road (A5203) and Holloway Road (A1).
The property also benefits from a number of bus routes and Caledonian Road underground station.
Transport
Caledonian Road (Piccadilly Line) - 0.3 miles
Tenancy
Vacant
Accommodation
Approximately 20,545 sq ft
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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.
.png){kind=logo}