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136 Holloway Rd

1,250 SF 100% Leased 4-Star Retail Building London N7 8DD $1,180,388 ($944/SF) 6.63% Cap Rate

Investment Highlights

  • Investment Opportunity
  • Prominent Retail Position
  • High street frontage

Executive Summary

136 Holloway Road is a fully built over site comprising an inter-terraced building believed to have been built in 1845 that consists of a retail unit arranged over ground and basement floors operating as a dessert retailer and café, whilst the upper floors comprise 2 x one bedroom flats above which benefit from their own demised entrance from Holloway Road.
Retail element let to an independent dessert retailer and café on a 10 year lease expiring 15th July 2031, at a passing rent of £25,000 per annum exclusive, subject to a rent review in July 2026. 2x one bedroom flats both leased at £15,080 per annum on Assured Shorthold Tenancies (AST’s).
Offers invited in excess of £900,000 (Nine Hundred Thousand Pounds), representing a Net Initial Yield of 7.00% on the retail income (c.£344,000) and £708 per sq. ft on the residential uppers (c.£556,000).

Attachments

Holloway Road

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,250 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1845
Price
$1,180,388
Price Per SF
$944
Cap Rate
6.63%
NOI
$78,278
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.87
Lot Size
0.01 AC
Frontage
19 FT on Holloway Road

Amenities

  • Storage Space

Nearby Major Retailers

Chicken Cottage
Morley's Fried Chicken
Waitrose & Partners
Black Sheep Coffee
The Co-operative Food
Barclays Bank
Pret A Manger
Orangetheory Fitness
Starbucks
Sainsbury's
  • Listing ID: 27554920

  • Date on Market: 1/20/2023

  • Last Updated:

  • Address: 136 Holloway Rd, London N7 8DD

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