- A mixed-use investment in North London.
- Prominently situated on Holloway Road, located within close proximity to the London Metropolitan University,
- Holloway Road Station and the Emirates Stadium.
- The ground floor comprises 2 lock up shops of 515 sq ft and 436sq.ft. The upper parts consist of 2 x 2 bedroom apartments of 598 sq ft and 653 sq ft.
- Total GIA 2,325 sq ft.
- 223 Holloway Road is let to Zara Chicken and Grill Limited on a 10 year lease expiring August 2030. The current passing rent is £19,000.
- 225 Holloway Road is let to Salon des Artistes on a 10 year lease expiring March 2030. The current passing rent is £15,000.
- The two apartments are let producing £51,000 ( the vendor will top up the rent until 13/10/2024 on the first floor flat by £4,200 to match the recent rent agreed on the second floor).
- The total income will reflect £89,200.
- Freehold.
Offers in excess of £1,100,000 (One Million One Hundred Thousand Pounds) subject to contract. A purchase at the asking price would reflect a Gross Initial Yield of 8.1%.
