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Newington Green Road, London, N1 For Sale - £970,000

Commercial For Sale in - £970,000

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Property Infomation

Tenure: Freehold

The above information is based on feedback given to us by the landlord and/or the outgoing tenant(s). all relevant information will be verified at the point an application to rent is made.

A wonderful investment / development oppurtunity for sale. This corner building is offered on a freehold basis and has a total approx internal area of just under 2000 sq ft (including the basement) and consists of a ground floor shop, a basement, a rear yard and 2 x self contained 1 bedroom flats above.

The building is very centrally located on Newington Green Road with the many amenities and transport connections of Dalston, Highbury and Newington Green all very close by.

A few other former commercial premises on the same terrace have been converted into residential usage (ground floor) and so this is also a possibility with this shop - also with the possibility of convertiing the basement into a residential space (both subject to planning permission). There is also scope to add another floor on the top floor (loft conversion) further adding value to the building (again subject to planning permission).

The building is offered on a .chain free basis and all viewings are via Courtneys Estate Agents.

Floor Plan 1

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £250k (Percentage rate 0%)

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Above £250k and up to £925k (Percentage rate 5%)

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Above £925k and up to £1.5m (Percentage rate 10%)

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Above £1.5m (Percentage rate 12%)

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Up to £425k (Percentage rate 0%)

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Above £425k and up to £625k (Percentage rate 0%)

£ 0

Please note: This calculation is for illustrative purposes only. Calculations applicable to transactions completing after 23/09/2022. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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