Location On Map
FREEHOLD INVESTMENT FOR SALE IN SEVEN SISTERS ROAD
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, Poundland and Peacocks. Transport facilities are convenient with Holloway Road (London Underground Piccadilly Line) and Finsbury Park (London Underground Victoria & Piccadilly Lines and National Rail) Stations nearby.
DESCRIPTION:
The property is arranged as two ground floor retail units and four self-contained studio flats on the two upper floors with separate access.
ACCOMMODATION (All measurements are approximate):
| Unit | Floor | Use | Area | |
| Sq Ft | Sq M | |||
| No. 90 | Ground | Retail Premises | 683.51 | 63.50 |
| No. 92 | Ground | Retail Premises | 1,010.00 | 93.83 |
| Flat 1 | First | Studio Flat | 381.04 | 35.40 |
| Flat 2 | First | Studio Flat | 318.61 | 29.60 |
| Flat 3 | Second | Studio Flat | 320.76 | 29.80 |
| Flat 4 | Second | Studio Flat | 381.04 | 35.40 |
| TOTAL | 3,094.96 | 287.53 | ||
TENANCIES:
| Unit | Income | Term | |
| Per Calendar Month | Per Annum | ||
| No. 90 | £1,520.83 | £18,250.00 | Let to Tekleweni Ghebreselassie, on a FRI Lease for a term of 15 years, from 13/02/2018. Trading as K&L Unisex Hair Salon. |
| No. 92 | £1,666.67 | £20,000.00 | Let to The New Dilan Ltd, on a FRI Lease for a term of 20 years, from 25/03/2012. Trading as Istanbul Mezze Bar. |
| Flat 1 | £1,078.26 | £12,939.16 | Assured Shorthold Tenancy (AST) for a year from 24/01/2024. |
| Flat 2 | £1,078.26 | £12,939.16 | Assured Shorthold Tenancy (AST) for a year from 17/03/2024. |
| Flat 3 | £850.00 | £10,200.00 | Assured Shorthold Tenancy (AST) for a year from 28/03/2024. |
| Flat 4 | £1,040.00 | £12,480.00 | Assured Shorthold Tenancy (AST) for a year from 01/12/2023. |
| Total Income | £7,234.03 | £86,808.32 | |
TENURE:
Freehold
PRICE:
£1,300,000
LEGAL COSTS:
Each party to bear their own legal costs.
VIEWING:
Strictly by appointment through Vendor’s SOLE agents, Christo & Co.
CONTACT:
Paul Stone (020 7482 1203 / 07973 845462 / [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: July 2024
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
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