The subject property is situated at the boundary of the highly sought after enclave of roads in Highgate known as 'The Miltons'. Highgate is one of the most desirable residential areas of North London. The property is conveniently located approximately 685m south of Highgate London Underground Station (Northern Line) and 600m east of Highgate Village.
The property is well provided for in terms of local amenity. Archway Road has a broad selection of restaurants, bars and shops, including Co-op and Sainsburys Local while Highgate Village provides mix of high street chains, pubs, restaurants and independent shops, which include Tesco Express, Pizza Express, Caffe Nero, Namaaste, Côte Brasserie, Turquoise Kitchen, Gails Bakery, Costa, The Angel Inn, The Bull, The Dukes Head, and The Flask.
Transport communications are excellent. Aside from access to the London Underground network at Highgate Station, there are several bus routes that run along Archway Road with connections to Finsbury Park, Brent Cross, Holloway and Crouch End.
Gross internal area 235.69 sq.m. /2536 sq.ft.
Total income passing p.a.: £34,500
The property comprises a four storey, late Victorian terraced building arranged over basement, ground, first and second floors.
The ground floor and basement is currently operating as an art gallery, studio and workshop space. The passing rent for this is low, equating to only £8.69 per sq.ft overall. This may be suitable for a number of alternative planning uses, subject to obtaining the necessary consents.
The existing residential upper parts which benefit from a separate entrance from Archway Road could also potentially be redeveloped and reconfigured to incorporate roof space.
Freehold for sale subject to the various tenancies operating therein.
Service charge: TBC
Local authority: London borough of Haringey