A Two Storey Light Industrial Unit with Potential for Change of Use to Residential by way of Prior Approval (under Permitted Development Rights) also Plans have been drawn up for 3 x One Bedroom Flats and 1 x Two Bedroom Flat

A mid-terrace terrace light industrial two-storey unit (B1(c)) use class

Tenure

Freehold

Location

Located in the heart of Finsbury Park on a residential road close to local shop and amenities. The open space of Finsbury Park is opposite. Transport links are provided by Finsbury Park overground station.

Accommodation

Ground Floor 90 sq m/969 sq ft First Floor 100 sq m/1,076 sq ft Total G.I.A 190 sq m/2,045 sq ft

Proposed Accommodation

Proposed Residential Scheme (not submitted or consented) Ground Floor One Bed Flat (42 sq m/452 sq ft) One Bed Flat (38 sq m/409 sq ft) First Floor One Bed Flat (50 sq m/538 sq ft) Two Bed Flat (53 sq m/570 sq ft)

Tenancy

The property is subject to 2 x Informal Tenancies at a combined rent of £1,516.67 per calendar month.

Current Rent Reserved

Current Combined Rent Reserved £18,200 per annum (equivalent)

The property is not connected to mains water and drainage services. All interested parties are deemed to have made their own enquiries in this regard and to bid accordingly.

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.