Unique Freehold Workshop / Warehouse with Development Potential - London N7

Of interest to owner occupiers, investors and developers


1a Hercules Street, 
LONDON N7 6AT


Under offerAvailable to buy freehold




Gross internal area: 338.95 sq.m. (3648 sq.ft.)

The property is situated to the east of the junction of Holloway Road (A1) on the north side of Hercules Street in a busy area of Inner North London.

Public transport communications are excellent with Holloway Road London Underground Station (Piccadilly Line) being only 885m to the south. Upper Holloway London Overground Station (Gospel Oak to Barking Line) is 780m to the north. Archway London Underground Station (Northern Line) is 1.2km (0.75 miles) to the north. Highbury & Islington London Underground (Victoria & Overground Lines) and Great Northern Rail Interchange is only 1.94km (1.2 miles) to the south.

Holloway Road is a principal bus route. Buses stopping nearby include the 17, 29, 43, 91, 253, 259, 263, 271, 393, N29, N41, N91, N253 and N279. 

A notable local landmark is Arsenal's Emirates Stadium 870m to the south-east.


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Description:

The property comprises a unique single storey brick built workshop / warehouse, probably dating from the late Victorian Period and separate WC block & storage room with a gross internal area of circa 333.5 square metres (3,585 square feet) and occupying a site of approximately 0.086 acres. 

The property is accessed via an undercroft access through a secure gate off of Hercules Street. There are rights of way over the accessway and courtyard area (highlighted blue on the OS plan available to download from our website) located between the two separate parts of the title, also shown on the OS plan.

Apart from the development potential that could be realised by exploring possible reconfiguration of the existing space and alternative uses, there may be potential for complete redevelopment of the site, subject to the necessary planning consents.

Accommodation:
Gross internal area: 338.95 sq.m. (3648 sq.ft.) 

comprising:

Main Building 324.08 sq.m / 3488 sq.ft

WC Block / Store 14.87 sq.m / 160 sq.ft

Site Area 348.03 sq.m / 3746 sq.ft

Terms:
Freehold for sale with vacant possession
Service charge:
N/A
Local authority:
London Borough of Islington
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Viewings:
By prior appointment with Gilmartin Ley, telephone 020 8882 0111 - Click here for Enquiries
Reference:
27889    Updated: 28 Aug 2020