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Commercial property for sale

£900,000 (£553.85/sq. ft)

Junction Road, London N19

Commercial property for sale 1,625 sq. ft*
Interested in this property? Call +44 20 3463 0619 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Mid-terraced mixed use building comprised of a two bedroom garden flat, 3 bedroom maisonette and a retail space less than 500 m from Archway Station.



Location
The property is located on Junction Road in the heart of this densely populated commercial and residential catchment area. The area is well served by public transport with Archway Underground Station a few minutes walk away and Tufnell Park Underground Station nearby, with numerous bus routes serving the immediate area.

Description
This mid terrace Freehold Building comprises a commercial unit and 2 residential dwellings currently producing £62,600 per annum. At the bottom of the building is a charming one bedroom garden flat, the retail space occupies the entire ground floor and the upper two floors house a 3 bedroom maisonette, currently used as a 4 bed HMO.

The building also benefits from steady footfall being close Archway Underground Station (Northern Line). Near by occupiers include Iceland, Greg's, Costa Coffee, Co-Op, Starbucks, Coffee Republic and the very popular independent Coffee Shop Bread & Bean.

Accommodation
Maisonette is a 3/4 bed: 836 Sq Ft, let on a 12 month AST from 22 August 2023 at £2,900 per month.
Basement Garden flat is a 1 bed: 488 Sq Ft, let on 12 months AST from 30 November 2023 at £1,550 per month.

Total Residential Gross Internal Area = 1,324 Sq Ft

Ground Floor Only: 301 Sq Ft leased at £14,000 per annum
Total Commercial Gross Internal Area: 301 Sq Ft

Total Building Gross Internal Area: 1,625 Sq Ft

terms
Sale of Freehold

outgoings
Parties are advised to make their own enquiries with the Local Authority.

Viewing
Strictly by appointment through the Landlord's sole agent Driver's and Norris.

Floorplan(s): Garden Flat Shop Maisonette

Garden Flat View original

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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For more information about this property, please contact
Drivers & Norris, N7 on +44 20 3463 0619 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Drivers & Norris, and do not constitute property particulars. Please contact Drivers & Norris for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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