Lot 12 - 138-140 Ball's Pond Road, London, Islington, N1 4AD
- Unconditional Online Auction Sale
- Guide Price* : £850,000
- Bedrooms: 3
- Bathrooms: 2
- Reception Rooms: 2
A well located Freehold mixed-use Investment for sale
Description
A well located Freehold mixed-use Investment for sale comprising a Ground Floor Retail Shop and two apartments. With further development potential subject to normal planning consents adjoining buildings have created a further floor.
The property comprises a ground floor retail shop situated within a mid-terrace building arranged over basement and ground floors, first and second floors comprises two apartments.
Tenure
Freehold
Accommodation
Ground floor
Double fronted commercial shop trading as a Belleza Beauty Retreat
First floor
One bedroom flat arranged over 2 floors
Lounge and fitted kitchen
Double bedroom
Bathroom
First floor
Two bedroom flat arranged over 2 floors
Lounge and fitted kitchen
Two double bedrooms
Bathroom
Location
This property is located in a residential area close to restaurants, shops, cafés and bars.
There are bus routes which operate to the City and a short walk away is Dalston Junction (Overground).
Tenancy
The commercial shop lease started 29th September 2021 - 28th September 2027
Flat 138a is currently producing £14,400 annually
Flat 140a is vacant ERV £19,800 annually
Belleza Beauty Retreat £26,400 annually
Sector
Mixed commercial and residential
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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