Summary - 167 HORNSEY ROAD LONDON N7 6RA
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime location on the corner of Seven Sisters Road and Hornsey Road
- Large retail marketplace spanning 3,163 sq ft over ground floor and basement
- Currently let on a 20-year lease until 2038, generating £75,000 p.a. with 6.25% gross yield
- Diverse tenant mix including street food takeaways, café, and more
- Upper residential parts sold off on a 999-year lease
- Close to Nag's Head Shopping Centre and major transport links
**Concerns:**
- 15 years left on the lease, which may affect mortgage lending opportunities
- Above-average crime rate in the local area
- Overall area deprivation noted
**Summary:**
This expansive Freehold retail marketplace located at 95 Seven Sisters Road and 165 & 167 Hornsey Road offers a promising investment opportunity in a bustling urban setting. The property boasts a vibrant mix of 10 retail units on the ground floor complemented by an additional 4 units in the basement, creating a dynamic market atmosphere that attracts high footfall. It is strategically positioned near popular occupiers and essential amenities, making this an appealing place for various businesses.
The current tenant, Hansali Corporate Limited, provides a stable income with a 20-year lease running until 2038, ensuring security for investors. The gross yield of 6.25% is an enticing prospect for buyers looking for reliable rental income. However, potential investors should be mindful of the 15 years remaining on the lease, which may pose a challenge for mortgage financing. Overall, this property not only serves as a commercial hub but also holds excellent long-term value in a sought-after locale—don’t miss your chance to invest in this unique retail opportunity!
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