£1,100,000 PW + admin fee applies
Square Quarters are pleased to present this opportunity to purchase this Freehold building spread over 3 floors in this prime location consisting of a massive commercial unit a 2 bed apartment and one bed apartment all with excellent planning potential ideally located in Newington Green.
The building consists of a very large ground floor restaurant shop with ample seating, kitchen and toilet area. The first floor has a spacious 2 bedroom apartment over 600 Sq Ft with open plan kitchen living room and 2 double bedroom. The top floor has a cozy one bed apartment with open plan kitchen and lounge.
The property is conveniently located for the local amenities in the area and provides excellent transportation links with Canonbury Train Station a short 11 minutes' walk away, providing Overground services. Homerton University Hospital is also only a short 14-minute distance away. The sought-after location offers vibrant dining and buzzing bars within a 10-minute proximity. The popular Kingsland Shopping Centre is within 4 minutes from the property as well as a variety of pleasant greenery spaces such as Clissold Park.
*Precedence from neighbouring properties to build up and also build back, subject to planning permission*
*Fantastic opportunity for an end user looking for some income or a developer to add value*
*Units currently producing £57,300 PA total current yield 5.21%, great potential to increase these yields with refurbishments or development*
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Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
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