The property occupies a predominant position on the corner of Seven Sisters Road (A503) and Hornsey Road (A103), less than 0.4 km (0.25 miles) east of the A1 (Holloway Road), within a densely populated residential and commercial area. Nearby occupiers include Poundstretcher, Peacocks, Tesco Express, McDonald's and numerous independent retailers. Nag's Head Shopping Centre is 0.27 km (0.17 miles) away.
The Nag's Head area is one of two major retailing centres in London Borough of Islington with over 225 shops, leisure facilities, bars and restaurants.
The property is situated within a short walking distance to the Sobell Leisure Centre and Emirates Stadium with the North Campus of London Metropolitan University also close by.
The area is well served for transport communications: Finsbury Park (Main Line Rail, Victoria and Piccadilly London Underground Lines) is 0.88 km (0.55 miles) to the north east and Arsenal Underground Station (Piccadilly Line) is 0.64 km (0.4 miles) to the east. Seven Sisters Road and Hornsey Road are major bus routes along which there are numerous services running at frequent intervals.
The property comprises a prominent vacant ground floor retail bank premises with basement. The residential upper parts have been sold off on a 999 year lease.
The retail element benefits from a main frontage to Seven Sisters Road and return frontage to Hornsey Road. The property has planning consent for A1 retail and A2 professional and financial services uses.
The unit is in a good decorative order throughout and is divided into a reception area, counter, main open plan office, two executive offices, WCs and a kitchen at the rear, with access to a small rear courtyard.
The specification includes air conditioning and under floor trunking.
Freehold for sale subject to the 999 year lease at a peppercorn ground rent of upper parts
Rateable value: £35,500
Estimated Rates Payable: £17,040 per annum
Service charge: N/A
Local authority: London Borough of Islington