The property is set on a mixed use parade of shops on A104, Essex Rd, Islington, near its junction with St Pauls Rd/Balls Pond Rd. Close to fashionable Upper Street with its thriving shopping area which includes multiple and independent bars...
Location:
The property is set on a mixed use parade of shops on A104, Essex Rd, Islington, near its junction with St Pauls Rd/Balls Pond Rd. Close to fashionable Upper Street with its thriving shopping area which includes
multiple and independent bars, restaurants and retailers. Excellent transport links from Highbury and Islington Station (British Rail, Underground).
Description:
The Premises are currently arranged as a ground floor A1 shop trading as a café with flats on the first and second floor converted to provide two self contained 1 bedroom flats let on AST's. An additional floor could
be added subject to the required planning permission.
Our client has informed us that he intends to sell the building subject to the prevailing tenancies.
The rent of the A1 premise is £16,000 PAX whilst the two flats are currently achieving £24,500 per annum (all bills are paid by the tenants). Thus offering annual rental income of £40,500.
Treewood Property Services for themselves and for the vendors of this property accept no responsibility as to the accuracy of these particulars. They are provided as a guide and prospective purchasers should satisfy themselves
as to their accuracy by inspection or otherwise. These particulars do not constitute any offer of a contract. No person in the employment of Treewood Property Services is authorised to give warranty as to the property. Prospective purchasers should conduct
all negotiations through Treewood Property Services or they may find themselves liable for payment of Agents Fees.