452 Holloway Road London N7 6QA

452 Holloway Road
London
N7 6QA

Freehold Retail Investment

Entirely let to Holland & Barrett Retail Limited
Lease expiring September 2025
September 2020 Rent Review not operated and outstanding
Shop comprehensively refitted in 2020
Current rent set in 2012
Nearby occupiers include Lidl, Iceland, The Works, Boots the Chemist and Superdrug
Busy and prominent North London location
VAT-free investment

Lot
6
Auction
24th September 2021
Rent
£60,000 per Annum Exclusive
Status
Sold
Price
£1,380,000
Auction Venue
Live Streamed Auction

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Freehold Retail Investment

Entirely let to Holland & Barrett Retail Limited
Lease expiring September 2025
September 2020 Rent Review not operated and outstanding
Shop comprehensively refitted in 2020
Current rent set in 2012
Nearby occupiers include Lidl, Iceland, The Works, Boots the Chemist and Superdrug
Busy and prominent North London location
VAT-free investment

Lot 6
Auction 24th September 2021
Rent £60,000 per Annum Exclusive
Status Sold
Price £1,380,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 4 miles north of Central London
Roads: Seven Sisters Road (A503), M1
Rail: Holloway Road (Piccadilly Line),; Upper Holloway (Overground)
Air: London City

Situation

Holloway is a busy and well recognised location in the inner-city district of the London borough of Islington situated just four miles north of Central London. Holloway Road (A1) is the main shopping destination for Holloway and the location benefits from excellent communications via the A1 and Holloway Road Underground Station. The property is located on the north side of Holloway Road, close to its junction with Seven Sisters Road and Parkhurst Road, within close proximity to the Nags Head Shopping Centre. Nearby occupiers include Lidl, Iceland, The Works, Boots the Chemist and Superdrug.

Tenure

Freehold.

Location

Miles: 4 miles north of Central London
Roads: Seven Sisters Road (A503), M1
Rail: Holloway Road (Piccadilly Line),; Upper Holloway (Overground)
Air: London City

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop with basement, first, second and third floor ancillary accommodation.
Holland & Barrett completed a comprehensive new shop fit of the branch in 2020.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

C. See legal pack at www.acuitus.co.uk

Description

The property comprises a ground floor shop with basement, first, second and third floor ancillary accommodation.
Holland & Barrett completed a comprehensive new shop fit of the branch in 2020.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

C. See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground Basement First Second Third	Retail/Ancillary Ancillary Ancillary Ancillary Ancillary	104.40 sq m 36.88 sq m 28.61 sq m 33.54 sq m 28.33 sq m	(1,124 sq ft) (397 sq ft) (308 sq ft) (361 sq ft) (305 sq ft)	HOLLAND & BARRETT RETAIL LIMITED (1)	10 years from 29/09/2015 until 28/09/2025 on a full repairing and insuring lease (2)	£60,000	29/09/2020 (outstanding)
Total		231.76 sq m	(2,495 sq ft)			£60,000

(1) Holland & Barrett International is one of the worlds leading health and wellness retailers and the largest in Europe.
There are a total of 1,368 Holland & Barrett stores around the world, with a presence in 16 country markets (source: www.hollandandbarrett.com/ 13/08/2021).
(2) The property is let by way of a reversionary lease dated 13/09/2012. Holland & Barrett have been in occupation since 2006.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.