Holloway Road

Commercial Property for Sale

£600,000

Calculate your mortgage repayments

Description

LOCATION
The premises are located midway between the junctions of Alexander Road and Tollington Way in the heart of this densely populated commercial and residential catchment area.

The area is well-served by public transport, with Holloway Road Overground station and Archway Underground Station (Northern Line) nearby, and numerous bus routes serving the immediate area. The property is also located close to Whittington Park recreational grounds, with Sainsbury's Local, Odeon Luxe Cinema, and Pure Gym a short walk away.

DESCRIPTION
The premises are arranged over ground, first, and second-floor levels with access via Holloway Road.

The ground floor comprises a waiting area/reception to the front, which can be opened up to create an open-plan retail area, with a kitchenette and two office rooms to the rear, and access to a courtyard.

The first floor comprises three additional office rooms with two WCs.

The second floor comprises two additional office rooms.

The property is currently occupied on the following terms:

10-year FRI lease outside the landlord and tenant act
Break Clause – Tenant-only option to break at the end of year 5 – subject to 6 months written notice
Rent – £45,000 PAX
5 yearly rent review pattern – linked to open market rent

ACCOMMODATION
Gross internal Area: 1815 Sq Ft (168.6 Sq M)

AMENITIES
Freehold Sale
Class E Use
Courtyard
Commercial Investment
Kitchenette
WC's

TERMS
Freehold Sale

OUTGOINGS
Prospective tenants are advised to make their own enquiries with the Local Authority.

LEGAL COSTS
Each party to bear own legal costs.

VIEWING
Strictly via the Landlord's agent, Drivers and Norris.

Tenure: Freehold


Location


Floorplan

Floorplan

EPC


*This mortgage calculator is provided for general information purposes only. It's intended to provide you with an estimate of your potential mortgage payments and does not constitute an offer of finance or advice. The calculations are based on the information you provide and do not take into account your individual needs and circumstances.

The calculator does not include all the costs you will need to pay when taking out a mortgage. Your actual mortgage payments may be higher or lower than the estimates provided by this calculator. The interest rates used in the calculations are subject to change and may not reflect the actual rates available in the market.

Please note that the calculator does not consider changes in interest rates over time, early repayment charges, or any other fees and charges that may apply to your mortgage. You should always seek professional advice before making any financial decisions.

Remember, your home may be repossessed if you do not keep up repayments on your mortgage.

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Drivers & Norris

407/409 Holloway Road, London, N7 6HP

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