£1,250,000
(£548.49/sq. ft)
Restaurant for saleHolloway Road, Archway, Islington, London N19
2,279 sq. ft
Just added
Freehold
About this property
Mixed use freehold investment. Period building, comprised of restaurant on ground floor and 5 x residential flats arrangedover 1st and 2nd floors.
Location
The property is located on the east side of Holloway Road (A1), very close to its northern end, just moments from Archway Square. This prime spot places this freehold investment in the heart of a densely populated commercial and residential catchment area.
Transport links are exceptional: Archway Underground Station (Northern Line) is a few minutes' walk away, Upper Holloway Overground Station is nearby, and numerous bus routes service the immediate area.
Description
This terrace Freehold Building comprises commercial unit and residential dwellings currently producing £7600 pm. The property benefits from very high footfall being opposite Archway Underground Station (Northern Line). Near by occupiers include Iceland, Greg's, Costa Coffee, Co-Op, Starbucks, Coffee Republic and the very popular independent Coffee Shop Bread & Bean.
There is a Greek gyros restaurant and take-away on the gound floor. Above are 1st and 2nd floors of residential flats consisting of 1 x 1 bedroom apartment and 4 x studio flats.
Accommodation
Ground Floor restaurant: £31,200 pa. Gross Internal Area = 892 square feet
First and Second Floors: £60,000 pa. Gross Internal Area = 1387 square feet
Total: 2279 square feet
Total annual rent = £91,200
outgoings
Purchasers are advised to make their own enquiries with the Local Authority.
Legal costs
Each party to bear own legal costs.
Viewing
Strictly by appointment through the Landlord's sole agent Driver's and Norris.
Location
The property is located on the east side of Holloway Road (A1), very close to its northern end, just moments from Archway Square. This prime spot places this freehold investment in the heart of a densely populated commercial and residential catchment area.
Transport links are exceptional: Archway Underground Station (Northern Line) is a few minutes' walk away, Upper Holloway Overground Station is nearby, and numerous bus routes service the immediate area.
Description
This terrace Freehold Building comprises commercial unit and residential dwellings currently producing £7600 pm. The property benefits from very high footfall being opposite Archway Underground Station (Northern Line). Near by occupiers include Iceland, Greg's, Costa Coffee, Co-Op, Starbucks, Coffee Republic and the very popular independent Coffee Shop Bread & Bean.
There is a Greek gyros restaurant and take-away on the gound floor. Above are 1st and 2nd floors of residential flats consisting of 1 x 1 bedroom apartment and 4 x studio flats.
Accommodation
Ground Floor restaurant: £31,200 pa. Gross Internal Area = 892 square feet
First and Second Floors: £60,000 pa. Gross Internal Area = 1387 square feet
Total: 2279 square feet
Total annual rent = £91,200
outgoings
Purchasers are advised to make their own enquiries with the Local Authority.
Legal costs
Each party to bear own legal costs.
Viewing
Strictly by appointment through the Landlord's sole agent Driver's and Norris.
Mortgage calculator
Monthly repayment
£6,253 per month
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