SAVILLS LONDON33 Margaret StreetLondon W1G 0JD

+44 (0) 20 7409 9948

savills.co.uk

FOR SALE NORTH LONDON DEVELOPMENT/INVESTMENT OPPORTUNITY

1 STACEY STREETFinsbury Park, London, N7 7JQ

Key Highlights• Development / investment opportunity in

Finsbury Park, within the jurisdiction of the London Borough of Islington.

• A three storey building which extends to approximately 1,326 sq m (14,273 sq ft) GIA and occupies a 0.07 hectare (0.2 acre) site.

• Most recently in use as a residential care home (C2). There is potential for refurbishment or conversion of the property for alternative uses, subject to the necessary permissions.

• Located approximately 800 metres (0.5 miles) south west of Finsbury Park Station, providing access to the London Underground (Victoria and Piccadilly Lines), Overground, Great Northern and Thameslink. Close to the amenities of Finsbury Park and Holloway.

• For sale freehold with vacant possession.

On the instructions of Camden and Islington NHS Foundation Trust

savills.co.uk

DescriptionThe property comprises a three storey corner building with rear courtyard and occupies a 0.07 hectares (0.2 acres). Until recently, it was in use as a residential care home (C2) comprising 30 resident’s rooms (all with wash basins) along with ancillary accommodation kitchens, laundries etc arranged over ground, first and second floors. The property extends to 1,326 sq m (14,273 sq ft) total GIA.

LocationThe building is located in Finsbury Park, a residential suburb of London, situated approximately 7 km (4.3 miles) north of Central London. The property is situated to the south of Finsbury Park, to the west of Arsenal, and to the north east of Holloway. The surrounding area is predominantly characterised by a mixture of terraced houses and 1990’s blocks of residential flats interspersed by public open spaces and retail frontages. The site occupies the corner of Stacey Street and Steve Biko Road, which bound the north west and east of the site, respectively. To the south, the property is bound by three storey terraced houses and associated gardens.

Stacey Street is located approximately 600 metres (0.4 miles) to the south west of the shops and facilities of Holloway Road, and approximately 800 metres (0.5 miles) to the south of the amenities of Finsbury Park. Isledon Gardens is located approximately 200 metres (0.1 miles) to the north, and the Emirates Stadium is located approximately 800 metres (0.5 miles) to the south of the site.

ConnectivityThe property is located approximately 800 metres (0.5 miles) south west of Finsbury Park Station providing access to the London Underground (Victoria and Piccadilly Lines), London Overground and Great Northern Rail, with direct services to Oxford Circus (10 minutes) for the West End, and Moorgate (14 minutes) for the City. (Source: TfL). Arsenal London Underground Station is located approximately 1.3 km (0.8 miles) from the site, providing access to the Piccadilly Line.

Numerous bus services are available along Isledon Road, 200 metres (0.1 miles) to the north west of the site, providing services into central London, including Kings Cross, Euston and Moorgate.

SAVILLS LONDON33 Margaret StreetLondon W1G 0JD

+44 (0) 20 7409 9948

Rear courtyard

View from Stacey Street looking north east

View from Stacey Street looking south west

0 1 2 3 4 5 10m

UP

UP

UP

16.18sq.m.001

4.60sq.m.002

25.67sq.m.003

19.66sq.m.004

19.22sq.m.005

2.22sq.m.006

32.80sq.m.007

2.97sq.m.008

1.00sq.m.009

12.76sq.m.010

4.42sq.m.011

5.04sq.m.012

18.05sq.m.013

18.14sq.m.014

8.88sq.m.015

1.08sq.m.016

4.47sq.m.017

13.65sq.m.018

1.03sq.m.019

2.28sq.m.020

3.65sq.m.021

21.34sq.m.022

9.59sq.m.023

9.67sq.m.024

9.69sq.m.025

9.49sq.m.026

9.60sq.m.027

9.57sq.m.028

23.25sq.m.029

9.60sq.m.030

9.66sq.m.031

9.68sq.m.032

10.49sq.m.033

9.65sq.m.034

9.61sq.m.035

9.91sq.m.036

423.87sq.m.GROSS AREA

0 1 2 3 4 5 10m

UP UP

UP

UP

UP

UP

17.84sq.m.001

10.78sq.m.002

8.65sq.m.003

14.34sq.m.004

19.17sq.m.005

10.72sq.m.006

4.10sq.m.007

1.46sq.m.008

11.56sq.m.009

2.91sq.m.010

2.22sq.m.011

32.80sq.m.012

2.97sq.m.013

1.00sq.m.014

12.79sq.m.015

4.42sq.m.016

5.04sq.m.017

18.05sq.m.018

18.14sq.m.019

8.88sq.m.020

1.08sq.m.021

4.47sq.m.022

13.65sq.m.023

1.03sq.m.024

2.28sq.m.025

3.65sq.m.026

21.34sq.m.027

9.55sq.m.028

9.63sq.m.029

9.70sq.m.030

9.49sq.m.031

9.61sq.m.032

9.53sq.m.033

23.25sq.m.034

9.56sq.m.035

9.67sq.m.036

9.63sq.m.037

10.49sq.m.038

9.60sq.m.039

9.61sq.m.040

9.91sq.m.041

445.46sq.m.GROSS AREA

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UPUP

UP

UP

UP

3.64sq.m.001

26.45sq.m.002

4.82sq.m.003

13.19sq.m.004

1.94sq.m.005

31.50sq.m.006

14.93sq.m.007

8.98sq.m.008

2.22sq.m.009

32.66sq.m.010

2.97sq.m.011

1.00sq.m.012

12.79sq.m.013

4.42sq.m.014

5.38sq.m.015

18.05sq.m.016

18.14sq.m.017

8.88sq.m.018

1.08sq.m.019

4.47sq.m.020

3.56sq.m.021

4.17sq.m.022

3.65sq.m.023

21.34sq.m.024

9.53sq.m.025

9.61sq.m.026

9.50sq.m.027

11.35sq.m.028

11.28sq.m.029

11.20sq.m.030

23.25sq.m.031

11.18sq.m.032

11.30sq.m.033

11.24sq.m.034

10.49sq.m.035

9.60sq.m.036

9.81sq.m.037

9.91sq.m.038

7.18sq.m.039

2.06sq.m.040

456.86sq.m.GROSS AREA

Second Floor (not to scale)

First Floor (not to scale)

Ground Floor (not to scale)

Floor Plans

PlanningThe property falls within the jurisdiction of the London Borough of Islington. The property is not within a Conservation Area and there are no listed buildings in the immediate vicinity. The building was most recently used as a residential care home (C2 use class). The property has potential for alternative uses, subject to the necessary consents.

Method of SaleThe property is for sale freehold by way of informal tender (unless sold prior).

EPCThe property has an EPC rating of B. The EPC Certificate and Recommendation Report are available on the dataroom.

VATThe property is not elected for VAT.

Property ViewingsViewings are strictly by appointment. Please contact the sole selling agents to make an appointment.

Further InformationA dedicated project data room has been set up and interested parties are able to register for login details at:

www.savills.com/staceystreet

Ordnance Survey © Crown Copyright 2020. All Rights Reserved.Licence number 100022432Plotted Scale - 1:1000. Paper Size - A4

Ordnance Survey © Crown Copyright 2020. All Rights Reserved.Licence number 100022432Plotted Scale - 1:11000. Paper Size - A4

On the instructions of Camden and Islington NHS Foundation Trust

IMPORTANT NOTICEMaps are 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, published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

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 | February 2020

ContactDarren Arnold+44 (0) 20 7409 9926darnold@savills.com

Sean Cooper+44 (0) 20 7409 9948scooper@savills.com

Hugh Bushell+44 (0) 20 7075 2860hbushell@savills.com

Sapphy Bond+44 (0) 20 7409 8802sapphy.bond@savills.com