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ISLINGTON LIVE/WORK UNIT - FOR SALE

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Presentation on theme: "ISLINGTON LIVE/WORK UNIT - FOR SALE"— Presentation transcript:

1 ISLINGTON LIVE/WORK UNIT - FOR SALE
NIA – 1,571 FT²* (146.1 M2*) 140 OFFORD ROAD, LONDON, N1 1PF

2 LOCATION PHOTO LOCATION PHOTO NIA 5,795 FT2 (538.2 M2)
Offord Road runs between Liverpool Road and Caledonian Road in the heart of fashionable Islington where a number of creative, media and tech businesses are located. Nearby attractions include Hammerton Brewery which is a short walk from the property, offering craft beer and an established social events venue. Islington offers a wide variety of recreation spaces such as nearby Barnsbury & Arundel Square’s as well as Highbury Fields. The ever popular destinations and amenities of Upper Street with its shops, bars and restaurants is also within walking distance. The property is extremely well located for transport and within easy reach of Highbury & Islington (0.5 miles - Victoria, Overground and Mainline services) Caledonian Road (0.5 miles - Piccadilly line) and Angel (0.9 miles - Northern line) stations. Caledonian Road & Barnsbury station (0.2 miles - Overground) is also a short distance away. (Please note all times and distances are approximate). LOCATION PHOTO LOCATION PHOTO NIA 5,795 FT2 (538.2 M2) 140 OFFORD ROAD, LONDON, N1 1PF

3 NIA 5,795 FT2 (538.2 M2) 140 OFFORD ROAD, LONDON, N1 1PF DESCRIPTION
A former Victorian public house and residence, the building occupies a commanding position at the corner of Offord Road and Thornhill Road. The available leasehold comprises a 1,571 ft² live/work space arranged over the ground and lower ground floors together. Above this are 2 further residential apartments contained within the building which are not included in the sale however there is the possibility of offering the freehold, including the 2 long leaseholds provide a rising ground rent to the freeholder and a vacant top floor flat, further details of which are available on request. The commercial or ‘work’ element of the ground floor of the building has large expansive period feature windows along two aspects, good natural light source from the north and east, generous proportions and a ceiling height in excess of 3 meters. This space is currently arranged as open plan working accommodation and offices although the arrangement could be adapted and partitioned if required. The ‘live’ element of the commercial demise can be found mostly on the lower ground floor, which provides a modern fitted kitchen and open plan reception, two double bedrooms, a well appointed shower room & WC plus an additional separate WC. Also included in this area is a small proportion of the ground floor. Buyers should be aware that VAT may be payable at the point of purchase on the "work" portion of the ground floor unit, which accounts for 30% of the total area. NIA 5,795 FT2 (538.2 M2) 140 OFFORD ROAD, LONDON, N1 1PF

4 NIA 5,795 FT2 (538.2 M2) 140 OFFORD ROAD, LONDON, N1 1PF ACCOMMODATION
Ground Floor 692 64.3 Lower Ground Floor 847.9 78.8 Total GIA 1,571* 146.1* *Subject to on site verification NIA 5,795 FT2 (538.2 M2) 140 OFFORD ROAD, LONDON, N1 1PF

5 140 OFFORD ROAD, LONDON, N1 1PF BUSINESS RATES TENURE PRICE EPC
The London Borough of Islington The property has not yet been assessed for rating purposes and interested parties are advised to make their own enquiries with the local authority. TENURE Freehold, separate offers for each accommodation may also be considered subject to long leasehold. PRICE £1,400,000, subject to contract EPC C - 79 LEGAL COSTS Each party to bear their own legal costs in this transaction. VIEWING Strictly by appointment with agents Strettons: Central House Hoe Street Walthamstow LONDON E17 3SZ Or 1-3 Sun Street EC2A 2EP Jonathan Cuthbert DDI: Sean Crowhurst DDI: Chris Chidgey DDI:


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