For Sale

Holloway Road, Highbury

£950,000
  • Ref: OIL250243
  • Availability: For Sale
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Property Summary

O.I.G Real Estate are pleased to bring to market this mixed-use investment opportunity.

Full Details

The property comprises a retail unit arranged over ground floor and basement with 2 self-contained one-bed flats above which benefit from separate access.

Commercial:
This lower ground & ground floor unit is currently let on a Full Repairing & Insuring Lease for a term of 10 years from July 2021, subject to an open market, upward only rent review at the end of the 5th year, at a rental of £25,000 per annum exclusive.

Residential:
Both flats are currently let on Assured Shorthold Tenancies (AST):
Flat 1: £18,240 per annum AST: 16/12/2025 - 15/12/2026
Flat 2: £18,600 per annum AST: 16/05/2025 - 17/05/2026

TOTAL INCOME: £61,840 per annum