SoldRarely Available Shop and Upper Parts Development Opportunity with Vacant Possession - London N4

140 Blackstock Road,  Finsbury Park, LONDON N4 2DX

Features

  • Potential to add value through refurbishment / development
  • 0.25 miles to Finsbury Park London Underground (Victoria & Piccadilly Lines) and Railway Station
  • 0.25 miles to Arsenal London Underground Station (Piccadilly Line)
  • Easy access to green open spaces with Clissold Park, Finsbury Park & Gillespie Park all only 0.25 miles distant
  • Freehold with vacant possession if required

Location

Located in Highbury at the north eastern boundary between the London Boroughs of Islington and Hackney, the property is situated on the south side of Blackstock Road in a Victorian terrace which runs between Monsell Road and Chatterton Road.

Blackstock Road features a diverse array of independent shops, cafes, bars and restaurants. The property also has easy access to numerous green open spaces including Clissold Park, Finsbury Park and Gillespie Park

The location has superb travel and communication links:

- Arsenal London Underground Station (Piccadilly Line) is 0.25 miles to the south west; and

- Finsbury Park London Underground (Piccadilly & Victoria Lines) and Railway Station (providing frequent direct services to Kings Cross Station with a travel time of 5 minutes) is 0.25 miles to the north west.

There are numerous bus routes which run along Blackstock Road and in proximity to the subject property.

Gross internal area 237.26 sq.m. /2553 sq.ft. 

Basement / Cellar57.87 sq.m. / 622 sq.ft.
Ground Floor Shop57.82 sq.m. / 622 sq.ft.
First Floor Flat39.20 sq.m. / 421 sq.ft.
Second Floor Flat42.34 sq.m. / 455 sq.ft.
Attic Room40.03 sq.m. / 430 sq.ft.

Description

The property comprises:

- a mid-terraced Victorian shop and basement, currently operating as a launderette;

- a first floor 2 bedroom flat;

- a vacant 2 bedroom flat on the second floor; and

- a large attic room with a dormer window to both the front and rear elevations (currently accessed via the second floor flat).

The tenants of the first floor flat are holding over on an assured shorthold tenancy which expired in September 2014, the property can be sold with vacant possession of the whole if required.

Terms

Freehold for sale with vacant possession if required

Rateable value: £15,500

Estimated Rates Payable: £7,440 per annum

Service charge: N/A

Local authority: London Borough of Islington


Property reference: 22944 Updated: 31 Mar 2015