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FREEHOLD INVESTMENT FOR SALE: 82-84 Seven Sisters Road, London N7 6AE

For Sale
82-84 Seven Sisters Road, London N7 6AE
PRICE: Offers in excess of £1,750,000

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 £2,083.33 £25,000.00 FRI Lease for a term of 20 years from
25.09.2024 subject to 5 yearly rent reviews
No. 84 £1,833.33 £22,000.00 FRI Lease for a term of 20 years, from
11.01.2022 subject to 5 yearly rent reviews
Flat A £1,300.00 £15,600.00 AST for 1 year from 12.08.2023
Flat B £1,360.00 £16,320.00 AST for 1 year from 24.9.2024
Flat C £1,450.00 £17,400.00  AST for 1 year from 30.9.2024
Flat D £1,365.00 £16,380.00 AST for 1 year from 1.10.2024
Total Income £9,476.66 £113,720.00

TENURE:

Freehold.

PRICE:

Offers in excess of £1,750,000.

LEGAL COSTS:

Each party to bear their own legal costs.

IDENTIFICATION:

In accordance with Anti-Money Laundering Regulations, two forms of identification
and confirmation of the source of funding will be required from the successful
purchaser

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.
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Address

82-84 Seven Sisters Road, London N7 6AE
United Kingdom
London
Holloway
N7 6AE

Additional Details

PRICE: Offers in excess of £1,750,000
3,377
313.63
Freehold/Long Leasehold

Location On Map

Contact Team Member

Paul Stone <i>FICBA FNAEA</i><strong>Director</strong>

Paul Stone FICBA FNAEADirector









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