Summary - UPPER FLAT, 606, HOLLOWAY ROAD N19 3PH
1 bed 1 bath Commercial Property
**Standout Features:**
- Mixed-use freehold building on vibrant Holloway Road
- Spacious commercial unit (organic supermarket) with basement
- Residential HMO with four en-suite rooms and shared kitchen
- Total combined rental income of approximately £62,300 PA
- Corner location with significant footfall
- Close proximity to public transport and local amenities
**Summary:**
Seize this exciting opportunity to own a prominent mixed-use building in the bustling area of Upper Holloway. This corner property not only serves as an operational organic supermarket with substantial basement storage but also boasts an HMO configuration in the upper two floors, featuring four en-suite bedrooms and a generously-sized shared kitchen. With a current lease generating £17,000 PA for the commercial space and residential rents adding up to an impressive combined income of about £62,300 PA, this investment offers lucrative returns.
The thriving local environment is enriched by a variety of nearby amenities, enhancing its appeal for potential tenants or customers. Additionally, although the commercial lease has 13 years remaining—a potential mortgage hurdle—there's significant room to increase the rental rates, projected up to £52,800 PA for the residential component. This property is a fantastic blend of solid investment and potential for future growth, a rarity in such a lively and cosmopolitan setting. Don't miss your chance to capitalize on this unique offering!
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