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Holloway Road London N7

Mixed-Use Investment Opportunity
  • 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%.

EDIT UPSCALED External Holloway Road London N7 8 HG
Areal View
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EDIT DJI 20240301093652 0145 web
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