Licensed Leisure The Former Oxford Arms - London - Realla
Licensed Leisure The Former Oxford Arms 21 Halliford Street, Islington, London, N1 3HB All Enquiries
JJ
JJ
Former public house converted to eight residential apartments Potential to reinstate the ground and basement as a public house
Savills 33 Margaret Street London W1G 0JD
+44 (0) 207 299 3088 savills.co.uk
JJ
JJ
Leasehold and Long leasehold of the ground and basement (circa 1,220 sq ft) available Freehold of entire property available
Location The property is located in the London Borough of Islington which is situated in North London. Islington is located 3.5km (2.2 miles) north of the City of London, 4.6km (2.9 miles) east of Camden Town and Regents Park and 6.9km (4.3 miles) west of the Olympic Park in Stratford. The property occupies a prominent position at the intersection between Halliford Street and Elizabeth Avenue. The surrounding properties are predominantly residential. Halliford Street intersects with Essex Road (A104) to the north which runs south west towards Islington Green and north east towards Mildway Ward. Public transport communications are good with Highbury and Islington station 1.4km (0.9 miles) to the north west providing Overground and Victoria Line services and Angel station 1.8km (1.1 miles) to the south west providing Northern Line services. Kings Cross St Pancras station is located 3km (1.9 miles) to the east and provides overground services to the north.
Description The former public house comprises a three storey (above basement) corner plot property of rendered brick elevations at ground floor level, exposed brick at first floor level and a slate tiled mansard roof at second floor level. Fenestration is wooden framed double glazing. The property has been converted to eight separate apartments (currently six units are let achieving a combined rental income of circa £8,000 per calendar month). NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
The former customer trading area and cellar, located at ground and basement levels, have been converted to two residential apartments, one is a two bedroom and the other a single bedroom. The former beer drop has been converted to a light well and as such can be reinstated.
Licensing
Externally there is a trade garden fronting Halliford Street.
The property does not currently hold a premises licence.
The site extends to 0.026 hectares (0.064 acres).
Tenure The property is available by way of the following options: JJ
Freehold sale: offers in the region of £3,800,000
JJ
Long leasehold (virtual freehold) for the ground and basement: guide price £1,000,000
Shortlease for the ground and basement: guide rent £50,000 per annum VAT may also be applicable. JJ
Planning The former public house has planning permission for a single storey rear extension to provide two residential apartments and conversion of the upper floors to provide four apartments (application number P081279). The former trading area and cellar has been converted to two apartments without planning permission. A planning application in 2014 for the change of use of the ground floor and basement from a public house to offices was refused (application number P2014/4364/FUL). The property is not listed but is situated within the East Canonbury Conservation Area.
Rating The property was removed from paying business rates in July 2007 however were the ground and basement to be reinstated as a public house a new business rates assessment would be required.
Fixtures and Fittings The fixtures and fittings included in the sale are to be negotiated.
Energy Performance The Energy Performance Certificate (EPC) will be made available to seriously interested parties upon request.
Viewing For a formal viewing, strictly by appointment with Savills.
Contact Stuart Stares + 44 (0) 20 7299 3088 [email protected] Daniel Mackernan + 44 (0) 20 7299 3050 [email protected]
Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | January 2016
JJ
JJ
Former public house converted to eight residential apartments Potential to reinstate the ground and basement as a public house
Savills 33 Margaret Street London W1G 0JD
+44 (0) 207 299 3088 savills.co.uk
JJ
JJ
Leasehold and Long leasehold of the ground and basement (circa 1,220 sq ft) available Freehold of entire property available
Location The property is located in the London Borough of Islington which is situated in North London. Islington is located 3.5km (2.2 miles) north of the City of London, 4.6km (2.9 miles) east of Camden Town and Regents Park and 6.9km (4.3 miles) west of the Olympic Park in Stratford. The property occupies a prominent position at the intersection between Halliford Street and Elizabeth Avenue. The surrounding properties are predominantly residential. Halliford Street intersects with Essex Road (A104) to the north which runs south west towards Islington Green and north east towards Mildway Ward. Public transport communications are good with Highbury and Islington station 1.4km (0.9 miles) to the north west providing Overground and Victoria Line services and Angel station 1.8km (1.1 miles) to the south west providing Northern Line services. Kings Cross St Pancras station is located 3km (1.9 miles) to the east and provides overground services to the north.
Description The former public house comprises a three storey (above basement) corner plot property of rendered brick elevations at ground floor level, exposed brick at first floor level and a slate tiled mansard roof at second floor level. Fenestration is wooden framed double glazing. The property has been converted to eight separate apartments (currently six units are let achieving a combined rental income of circa £8,000 per calendar month). NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
The former customer trading area and cellar, located at ground and basement levels, have been converted to two residential apartments, one is a two bedroom and the other a single bedroom. The former beer drop has been converted to a light well and as such can be reinstated.
Licensing
Externally there is a trade garden fronting Halliford Street.
The property does not currently hold a premises licence.
The site extends to 0.026 hectares (0.064 acres).
Tenure The property is available by way of the following options: JJ
Freehold sale: offers in the region of £3,800,000
JJ
Long leasehold (virtual freehold) for the ground and basement: guide price £1,000,000
Shortlease for the ground and basement: guide rent £50,000 per annum VAT may also be applicable. JJ
Planning The former public house has planning permission for a single storey rear extension to provide two residential apartments and conversion of the upper floors to provide four apartments (application number P081279). The former trading area and cellar has been converted to two apartments without planning permission. A planning application in 2014 for the change of use of the ground floor and basement from a public house to offices was refused (application number P2014/4364/FUL). The property is not listed but is situated within the East Canonbury Conservation Area.
Rating The property was removed from paying business rates in July 2007 however were the ground and basement to be reinstated as a public house a new business rates assessment would be required.
Fixtures and Fittings The fixtures and fittings included in the sale are to be negotiated.
Energy Performance The Energy Performance Certificate (EPC) will be made available to seriously interested parties upon request.
Viewing For a formal viewing, strictly by appointment with Savills.
Contact Stuart Stares + 44 (0) 20 7299 3088 [email protected] Daniel Mackernan + 44 (0) 20 7299 3050 [email protected]
Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | January 2016
