Caledonian Road, London, N1

££1,150,000

Commercial Development For Sale

Summary:
- BTC is pleased to present a Freehold building for sale in a prime location in Islington's Barnsbury area, N1, close to Kings Cross.
- The building spans 4 floors, featuring:
- A large commercial unit over 2 floors
- 2 x 1-bedroom apartments

Building Features:
- Recently refurbished to a high standard
- Ground floor: Lock-up shop and basement with flooring, glass frontage, small office, kitchenette, and WC
- First Floor: Modern 1-bedroom apartment with open plan living room and kitchen, bathroom, spacious bedroom with large period sash windows and high ceilings
- Top Floor: Modern apartment with stairs to the 2nd floor, open plan kitchen and reception, bathroom, spacious bedroom, and small loft area

Location:
- Situated on Caledonian Road, Barnsbury area
- Moments from Thornhill Square gardens
- A few minutes' walk to Caledonian Road tube station
- Close to Upper Street in Angel
- Excellent access to Kings Cross/St Pancras International
- Kings Cross/St Pancras International is a major transport hub with significant development and regeneration, attracting investment and amenities. Nearby developments include Google's European headquarters and Central St Martins College, enhancing the area's desirability.

Details:
1. Commercial Unit:
- Producing £24,000 PA
- 10-year FRI lease with no break clause
- Rent review in 2024 and every 5 years thereafter
- Approx. 1449 sq ft (134.6 sq.m)

- Flats produce £42,000 PA
- Total rent per annum £66,000 with gross yield of 5.74%
- Development potential, subject to planning permission

PRICE: £1,150,000 subject to contract

Tenure: Please confirm with BTC Group Limited Commercial whether this property is freehold or leasehold

Brochure

No floorplans available for this property

No EPC available for this property

Utilities

Electricity Ask Agent
Water Ask Agent
Heating Ask Agent
Broadband Ask Agent
Sewerage Ask Agent

Rights and Restrictions

Private rights of way Ask Agent
Public rights of way Ask Agent
Restrictions Ask Agent
Parking Ask Agent

Risks

Flooded in last 5 years Ask Agent
Flood Defenses Ask Agent
Source of Flood Ask Agent

Arrange a viewing

Use this form to request specific information about this property or to arrange a viewing

Office Details

BTC Commercial
164-166 Bowes Rd
Arnos Grove
London
N11 2JG

02088897474
commercial@btcint.com

Make an Offer on this Property

If you are interested in this property you can make an offer today.