Commercial property for sale in London, England

5 bedroom mixed use for sale

For Sale

London, GB

Holloway Road, London, N19

218 m²

commercial

2026-04-19

Price

€850,000

€3,899.08 / m²

More details

Description

TO BE SOLD AT ALLSOP AUCTION 18TH & 19TH MARCH 2025 - UNLESS SOLD PRIOR  * Prominently situated on Holloway Road, 0.5 miles from Archway Underground station.  * The ground and lower ground floor comprises 914 sq ft GIA of E class space, with the residential element above arranged as 2 x 1 bed and 1 x 3 bedroom apartments totalling 1,434 sq ft.   * Total GIA 2,348 sq ft.  * The total current passing rent is £66,840 per annum.   * The Estimated Rental Value is in the region of £75,000 per annum.   * Asset management and value add potential, subject to necessary consents.  * Freehold.  Offers in excess of £850,000 (Eight Hundred and Fifty Thousand Pounds) subject to contract. A purchase at this level would reflect a Net Initial Yield of 7.45% assuming standard purchasers costs of 5.75%, and a reversionary yield of 8.36%. This equates to a low capital value of £362 per sq ft.

Commercial property for sale in London, England

5 bedroom mixed use for sale

Description

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