House For Sale
£1,400,000
Junction Road, Islington, London, N19
Description
EPC RATING COMMERCIAL UNIT, 84D. FLAT C, 79C. FLAT A, 68D. FLAT D, 80C FLAT B 76C.
*FREEHOLD INVESTMENT OPPORTUNITY*TOTAL SQUARE FOOTAGE FOR THE WHOLE BUILDING IS 2978 SQ FT*
Excellent potential with this part commercial and part residential INVESTMENT PROPERTY in this extremely convenient location between Tufnell Park & Archway (Northern Line) underground stations and Upper Holloway (Overground) with numerous local shops, bars, restaurants and amenities on your door step.
JUNCTION ROAD ISLINGTON LONDON N19 5QU TOTAL RENTAL INCOME £91224PA.
Flat A £1500 (since Nov 2020)
Flat B £1586 (since Sept 2022)
Flat C £1100 (since May 2018)
Flat D £1333 (since March 2023)
Commercial £2083 (new lease)
The property comprises of a four storey terraced building arranged on basement, ground, first and second floor levels.
The occupier of the ground & Basement floor shop is holding over on a lease which expires on 25 July 2033 the current rent is £25,000 pa.
The upper part comprises of two self-contained flats which are currently arranged with 2 bedrooms, 1 split level, having the benefit of its own roof terrace.
The rear of the building houses 2 self contained studios flats with open plan studio/kitchen and a shower room / WC.