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).