Studio flat for sale

Galaxy Real Estate Finsbury Park is proud to offer this Mixed Use Development opportunity in Finsbury Park. Situated in an affluent North London suburb (Zone 2) 50 metres walking distance from Finsbury Park Underground / Over ground / Bus Station. This commercial development is built on a 85 sq.m plot and consists of three floors. The ground floor is Retail Space (704 sq.ft) and the First (532 sq.ft) and Second Floors (284 sq.ft) are Storage. Total Gross internal area of the building is 1520 sq.ft (141 sq.m).There is potential of extension and conversion of the upper floors into residential. The owners have planning in place for the conversion of the upper first and second floor into 2 Bed Flats as well as the third floor mansard roof extension into 1 Bed Flat which also can be converted into 2 Bedroom Apartment. Planning permission granted in Dec 2021 is valid for 3 years. Please refer Planning Ref : P2021/0539/FUL (https://planning.islington.gov.uk/northgate/planningexplorer/generalsearch.aspx)The property can be sold with vacant possession if required. Finsbury Park is a densely populated area between Camden Town and Stamford Hill about 5 miles north of central London. Seven Sisters Road (A503) is one of the main routes through the district, linking Holloway Road (A1) to the A10 at South Tottenham. Businesses nearby include: Marks and Spencer, Honest Burger, Rosas Thai, GAILs, Starbucks and many more well known brands.The sale of this property will be treated as a TOGC and therefore is outside the scope of VAT.