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Property details
Map & nearby

Retail premises for sale in 36 Islington Green, Islington, London

Investment

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Retail premises for sale

437 sq. ft*

Property description

Key Points

Opportunity to acquire a well-positioned, self-contained ground and basement floor retail investment

Let to an independent operator on a 10-year lease expiring 16.12.2030 (subject to tenant break option 17.12.2025)

Passing rental income of £25,000 per annum exclusive, subject to 5 yearly upwards only to market rent reviews, with the next review on 17.12.2025.

Total area of 437 sq. Ft (40.6 sq. M) across ground and basement

To be sold on a new 999-year long leasehold at a peppercorn rent

Prominent frontage to Islington Green and adjacent to the Camden Passage thoroughfare

Located in a busy retail pitch close to Tescos, Waterstones, Islington Green and the vibrant Camden Passage

Description

The unit comprises a small self-contained ground floor retail unit with a period timber shop front re-fitted by the current tenant as a barbershop. The unit is smoothly presented with wooden flooring and simple pendant lighting with an internal WC to the rear of the shop. The unit also benefits from a reduced-height basement storage area.

Location

The property is located in a local parade on Islington Green, which forms part of and lies adjacent to the fashionable and popular Camden Passage area of Islington, supporting a diverse retail offering ranging from celebrity fashion boutiques, chocolatiers, antiques ethical fashion, jewelers, interior design, bars and restaurants. Nearby occupiers include Chipotle, Pizza Express, Reiss, Tesco Metro, Crêpeaffaire, and numerous independent
retail, and quality eateries and takeaways.

The property is well connected being a short walk from Angel underground station, providing access to the Northern Line.

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The accommodation comprises the following areas:

Convenant

An independent Turkish men's barbers established in December 2020 that has become a neighborhood favourite. It is operated as a family-run independent hair salon.

Property info

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Strettons City & City Fringe, and do not constitute property particulars. Please contact Strettons City & City Fringe for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.