LOCATION

The property is located on Woodfall Road within a popular residential area. Woodfall Park is within close proximity, located opposite the building. The location has excellent amenities within close proximity such as the shopping facilities of Stroud Green Road and good transport links. The City North regeneration scheme is also close by.

DESCRIPTION

The property comprises a former school building constructed in the 1980s and benefits from D1 use. It comprises four floors with a terrace on the top floor and is built in a period style in keep with the rest of the street.

PLANNING

The property might be suitable for residential conversion, either as a single family dwelling or number of self-contained flats, subject to obtaining the necessary consents.
RECENT PLANNING HISTORY
REF: P2013/3519/FUL (November 2013)

Conversion of a former educational facility (Use Class D1) to 3 residential units (Use Class C3) with the following mix: 2 x 2 bedroom apartment and 1 x 3 bedroom apartment, including associated works.

Further information can be found on the Islington Council website.

TENURE

Available on a freehold basis with full vacant possession.

PRICE

Offers in excess of £750,000 exclusive for the freehold interest.

VAT

We have been informed that this property has not been elected for VAT

RATES

Rateable Value: £13,500
UBR (2013/2014): £0.466
Business Rates Payable: £6,291

All interested parties should make their own enquires with The London Borough of Islington to confirm this information.

EPC

This building has been rated 80 which equated to an EPC rating of D.

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in the transaction.