£900,000

Retail premises for sale

  1.  13.Png
  2.  14.Png
  3.  15.Png
Freehold

Offers over

£900,000

(£720.00/sq. ft)

Retail premises for sale

136 Holloway Road, Islington, London N7

1,250 sq. ft

Local area information

Property location

Nearby amenities

  • Drayton Park Primary School 0.2 miles
  • Sacred Heart Catholic Primary School 0.2 miles
  • Holloway Road 0.2 miles
  • Drayton Park 0.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Key Points

  • Opportunity to acquire a retail investment with self contained residential upper parts in a popular Islington location.
  • Located on the busy Holloway Road close to the Emirates Stadium, London Metropolitan University.
  • Within walking distance of Holloway Road, Highbury & Islington, and Drayton Park underground/National Rail stations.
  • Total area of 1,250 sq. Ft gia (116 sq. M) gia, comprising 65 sq. Ft retail and 485 sq. Ft Residential.
  • Retail element let to an independent dessert retailer and café on a 10 year lease expiring 15th July 2031, at a passing rent of £25,000 per annum exclusive, subject to a rent review in July 2026. •
  • 2x one bedroom flats both leased at £15,080 per annum on Assured Shorthold Tenancies (AST’s).
  • Offers invited in excess of £900,000 (Nine Hundred Thousand Pounds), representing a Net Initial Yield of 7.00% on the retail income (c.£344,000) and £708 per sq. Ft on the residential uppers (c.£556,000).

  • Description

    136 Holloway Road is a fully built over site comprising an inter-terraced building believed to have been built in 1845 that consists of a retail unit arranged over ground and basement floors operating as a dessert retailer and café, whilst the upper floors comprise 2 x one bedroom flats above which benefit from their own demised entrance from Holloway Road.

    Location

    Situated along the busy Holloway Road, close to its junction at Liverpool Road and Drayton Park. The property is within a short walking distance of the Emirates Stadium and the London Metropolitan University. The building benefits from excellent transport connections with Holloway Road (Piccadilly Line), Highbury & Islington (Victoria Line and London Overground) and Drayton Park (National Rail) all within 5-7 minutes walk. Numerous bus routes also serve the area.

    Floor plans and tours

    Floor plans (2)

    2 floor plans available

    View the floor plans to understand the space and layout of this property.

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    1. Zoopla
    2. Commercial for sale
    3. London
    4. North London
    5. Islington
    6. Holloway Road

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