82-84 SEVEN SISTERS ROAD N7

Retail / Residential Investment

2 Shops + 4x1 Bed Flats

Freehold for sale

Key Features

• Close to Nag's Head shopping centre
• Retail / Residential Investment
• 2 Shops + 4 x 1 Bed Flats
• Income Producing
• Highly Prominent
• Rental Income - £118,720.00 PAX

Description

The property is arranged as two ground-floor retail units and four self-contained one-bedroom flats arranged over first and second floors with independent street access. The entire building is currently Let with the ground floor shops being used as follows

Location

The property is located on the North East Side of Seven Sisters Road close to the Junctions of Hornsey Road and Holloway Road. The Nag’s Head Shopping Centre is within walking distance. The area is served by many multiple, local retailers and restaurants. Transport facilities are excellent with Holloway Road (Piccadilly Line) and Finsbury Park (Victoria Line, Piccadilly Line, London Overground and National Rail) Stations being close by. Numerous bus routes also serve the area.

Specifications

FLAT A - First Floor 1 Bed Flat - 547 SQFT - 50.81 SQM
FLAT B - First Floor 1 Bed Flat - 516 SQFT - 47.90 SQM
FLAT C - Second Floor 1 Bed Flat - 547 SQFT - 50.81 SQM
FLAT D - Second Floor 1 Bed Flat - 516 SQFT - 47.90 SQM

No 82 - Ground - Retail Premises - 587 SQFT - 54.56 SQM
No 84 - Ground - Retail Premises - 664 SQFT - 61.65 SQM

INCOME
No 82 - £2,500.00 PCM - £30,000.00 PAX - FRI Lease for a term of 20 years from 04.04.2025 subject to 5 yearly rent reviews

No 84 - £1,833.33 PCM - £22,000.00 PAX - FRI Lease for a term of 20 years, from 11.01.2022 subject to 5 yearly rent reviews

FLAT A - £1,300.00 PCM - £15,600.00 PA - AST for 1 year from 12.08.2023

FLAT B - £1,360.00 PCM - £16,320.00 PA - AST for 1 year from 24.9.2024

FLAT C - £1,450.00 PCM - £17,400.00 PA - AST for 1 year from 30.9.2024

FLAT D - £1,450.00 PCM - £17,400.00 PA - AST for 1 year from 1.10.2024

TOTAL INCOME - £118,720.00 PAX

IDENTIFICATION:

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

Viewings

Strictly by appointment through SOLE agents, Christo & Co.