A Commercial and Residential Investment Producing £63,800 per annum. Offered with Planning Permission for Conversion of the Second Floor Flat to Extend into the Loft Space with New Dormer Windows to Create a Three Bedroom Flat.

The property comprises a ground floor restaurant with two x 2 bedroom flats above situated within a semi-detached mixed use building arranged over ground and two upper floors.

Tenure

Freehold

Eight Week Completion Available

Location

The property is situated in the North London area of Finsbury Park amongst local shops and amenities. The open spaces of Finsbury Park are within easy reach. Transport links are provided by Finsbury Park overground and rail stations.

Planning

Islington Borough Council granted the following planning permission (Ref: P2018/1065/FUL) on 13th June 2018 for: 'Alteration to layout of second floor flat including the conversion of the loft space with new dormer windows to the rear and side and 3 rooflights in front roofslope. Relocation of shared entrance serving the existing 2 flats on floors 1 and 2 resulting in increased ground level floor space'.

Proposed Accommodation

Second Floor Three Bedrooms (One with En-suite Shower) Bathroom with WC & wash basin Third Floor Reception Room with Open Plan Kitchen/Diner

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.