Property photos
Auction
From
£1,900,000
Property for sale
Roman Way, London N7Local area information
Property location
Nearby amenities
- Caledonian Road & Barnsbury 0.1 miles
- Dania School 0.2 miles
- Robert Blair School 0.3 miles
- Caledonian Road 0.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Camden Town and Camden to find out more about the local area.
Features and description
- Secure Underground Car Garage
- Unique Opportunity
- Offered with Full Vacant Possession
- Opportunity to Create High Yielding Investment
- Parking for Approx. 90 Vehicles
- 20,545 sq ft
- Potential Gross Income of £270,000 per annum
Strapline
Auction Sale - 28/02/2024
Of Interest to Investors.
Rarely Available Central London B8 Warehouse / Car Garage Opportunity.
Currently a Secure Underground Car Park with Approx. 90 Spaces.
Opportunity to convert into Self storage facility.
Description
The property comprises a secure underground basement garage/car park situated under Caister House a large apartment block with access via Bride Street leading from Roman Way there is a single ramped entrance and exit point. The property comprises approximately 20,545 square feet.
The property would be suitable for either its continued use for a high end car storage facility or, alternatively, as being used as a self-storage facility or other warehouse /storage uses.
Based on current parking rates in the area, we understand a gross income of £270,000 may be achievable. This is based on £3,000 per annum, per space.
The property would be suitable for either its continued use for a high end car storage facility or, alternatively, as being used as a self-storage facility.
Location
The property is located on Bride Street near to Roman Way and Caledonian Road (A5203) and Holloway Road (A1).
The property also benefits from a number of bus routes and Caledonian Road underground station.
Transport
Caledonian Road (Piccadilly Line) - 0.3 miles
Tenancy
Vacant
Accommodation
Approximately 20,545 sq ft
Auction Sale - 28/02/2024
Of Interest to Investors.
Rarely Available Central London B8 Warehouse / Car Garage Opportunity.
Currently a Secure Underground Car Park with Approx. 90 Spaces.
Opportunity to convert into Self storage facility.
Description
The property comprises a secure underground basement garage/car park situated under Caister House a large apartment block with access via Bride Street leading from Roman Way there is a single ramped entrance and exit point. The property comprises approximately 20,545 square feet.
The property would be suitable for either its continued use for a high end car storage facility or, alternatively, as being used as a self-storage facility or other warehouse /storage uses.
Based on current parking rates in the area, we understand a gross income of £270,000 may be achievable. This is based on £3,000 per annum, per space.
The property would be suitable for either its continued use for a high end car storage facility or, alternatively, as being used as a self-storage facility.
Location
The property is located on Bride Street near to Roman Way and Caledonian Road (A5203) and Holloway Road (A1).
The property also benefits from a number of bus routes and Caledonian Road underground station.
Transport
Caledonian Road (Piccadilly Line) - 0.3 miles
Tenancy
Vacant
Accommodation
Approximately 20,545 sq ft
More information
Listed by
Savills - National Auctions
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