Location On Map
FREEHOLD INVESTMENT FOR SALE: Seven Sisters Road, London N7 6AE
LOCATION:
The property is located on a busy section of Seven Sisters Road close to the Nag’s Head Shopping Centre. The multitude of shops and restaurants of Seven Sisters Road close to Holloway Road junction are within the immediate vicinity. Local occupiers include Clarks, 99p and Peacocks. Transport facilities are convenient with Holloway Road (Piccadilly Line) and Finsbury Park (Victoria Line, Piccadilly Line, London Overground and National Rail) Stations nearby.
DESCRIPTION:
The property is arranged as two ground floor retail units and four self-contained one-bedroom flats on the two upper floors with independent street access.
ACCOMMODATION:
| Unit | Floor | Use | Gross Internal Area
Approximate |
|
| Sq Ft | Sq M | |||
| Flat A | First | One Bedroom Flat | 547 | 50.81 |
| Flat B | First | One Bedroom Flat | 516 | 47.90 |
| Flat C | Second | One Bedroom Flat | 547 | 50.81 |
| Flat D | Second | One Bedroom Flat | 516 | 47.90 |
| TOTAL GIA | 2,126 | 197.42 | ||
| Unit | Floor | Use | Net Internal Area
Approximate |
|
| Sq Ft | Sq M | |||
| No. 82 | Ground | Retail Premises | 587 | 54.56 |
| No. 84 | Ground | Retail Premises | 664 | 61.65 |
| TOTAL NIA | 1,251 | 116.21 | ||
TENANCIES:
| Unit | Income | Term | |
| Per Calendar Month | Per Annum | ||
| No. 82 | £1,833.33 | £22,000.00 | Let to Ms Asmerom Gebresillasie Hagos, on a FRI Lease for a term of 10 years, from 29/09/2021, trading as Hairdressers. |
| No. 84 | £1,833.33 | £22,000.00 | Let to Mr Raja Umar Naseem, on a FRI Lease for a term of 20 years, from 11/01/2022, trading as Bike & Scooter Repairs. |
| Flat A | £1,251.67 | £15,020.00 | Assured Shorthold Tenancy (AST) for a year from 12/08/2022. |
| Flat B | £1,213.33 | £14,560.00 | Assured Shorthold Tenancy (AST) for a year from 24/08/2022. |
| Flat C | £1,365.00 | £16,380.00 | Assured Shorthold Tenancy (AST) for a year from 23/09/2022 |
| Flat D | £1,365.00 | £16,380.00 | Assured Shorthold Tenancy (AST) for a year from 30/09/2022 |
| Total Income | £8,861.66 | £106,340.00 | |
TENURE:
Freehold.
PRICE:
Offers in excess of £1,900,000.
LEGAL COSTS:
Each party to bear their own legal costs.
VIEWING:
Strictly by appointment through SOLE agents as above.
CONTACT:
Paul Stone (020 7482 1203 / [email protected]
SUBJECT TO CONTRACT
NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT:
Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: September 2022.
Address
Additional Details
Location On Map
Contact Team Member
Paul Stone FICBA FNAEADirector
- [email protected]
- 020 7482 1203
- 07973 845462
- 66-70 Parkway London NW1 7AH
- https://www.christo.co.uk/wp-content/uploads/2018/01/naea-commercial-.png