2 Ferntower Road Islington London
This property has been sold or let and is no longer available.
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About this property
* SOLD STC * SIMILAR PROPERTIES REQUIRED *
5-storey shop and upper parts comprising basement and ground floor commercial premises and residential upper parts arranged as follows:
Basement achieves £650.00 pcm (£7,800 pax)
Ground floor kebab/take-away achieves £1,000.00 pcm (£12,000 pax)
First floor flat (1 bed) achieves £1,200 pcm
Second floor flat (1 bed) achieves £1,200 pcm
Third floor flat (1 bed) is currently vacant.
Please note although the building has 3 residential flats, there is no "planning permission" nor "certificate of lawfulness". They have all been registered for council tax since April 2007.
Total annual income: £48,600 per annum
Location
The property is situated in a prominent position beside Newington Green park in the London Borough of Islington. The area is well served by local transport with numerous buses serving the area and Canonbury railway station close by.
Tenure
Freehold - subject to current tenancies
EPC
1st floor flat - Rating D | 60
2nd floor flat - B | 81
3rd floor flat - D | 64
Viewing
Via the owners agents PSS Commercial.
PSS kindly asks that all attendees must wear a mask at appointments and follow social distancing rules.
Do not book an appointment if you or someone you have been in contact with is displaying possible Coronavirus (Covid-19) symptoms.
VAT
Under the Finance Acts 1989 and 1997 VAT may be levied on the purchase price. We recommend that the prospective buyers establish the VAT implications before entering into any agreement.