177 Stoke Newington High Street, London, N16 0LH

Description



A three storey mid terraced Victorian property comprising retail unit to the ground floor, with a self-contained 3 bedroom flat to the upper floors. There is potential (subject to planning) to increase the height of the building, as most neighbouring buildings are 4 storeys high.



Mixed Use Investment - FOR SALE



Location



The property is situated on the western side of Stoke Newington High Street (A10) close to its junction with Stoke Newington Church Street.

The property is 0.2 miles from Stoke Newington Overground Station




Size Notes



177 Stoke Newington High Street - Ground Floor Shop with Basement
Ground floor retail area 56.31 sq m 606 sq ft
Basement storage area 15.72 sq m 169 sq ft
Total Net Internal Area 72.03 sq m 775 sq ft
Ground floor Net Internal Area ITZA 28.71 sq m 309 sq ft

177A Stoke Newington High Street - First/Second Floor Flat - Total IPMS 2 -
Residential 101.13 sq m 1,089 sq ft

Combined Total Floor Area 173.16 sq m 1,864 sq ft





Price Description



Offers in excess of £850,000



EPC



To be assessed




Commercial Lease Term: 15 years from 25 September 2017
Lease Expiry Date: 23 July 2032
Current Passing Rent: £18,000 per annum
Use: Class E use. Sale of Cameras, Photos and Film Developers

The self-contained first and second floor flat is let via a single AST tenancy agreement at a current passing rent of £23,280 pa, which expired on the 20th September 2022.

Total income £41,280

( Agency Pilot Software ref: 1001465 )