Retail premises for sale in Goswell Road, London EC1V

Offers in region of £700,000 (£549.02/sq. ft)
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Retail premises for sale

1,275 sq. ft*

Property features

  • Situated circa 100 metres from Angel Station

Property description

Location
The property is located at the top of Goswell Road, approximately 50 metres to the junction with Islington High Street and 100 metres from Angel Underground Station.

Description
The unit occupies a prominent position near to the main junction, and is arranged over ground floor and basement. The premises currently trades as a convenience store.

Size
1,275 sq ft over ground floor and basement.

Lease terms
The premises are let on a Fri lease for a term of 20 years from 20th May 2010 to an independent operator. The current passing rent is £45,000 per annum exclusive.

Tenure
999 year long leasehold.

Price
Offers in the region of £700,000 will be considered for the long leasehold interest. This represents a Net Initial Yield of 6.01% after deducting purchaser's costs of 5.3%.

Building type Class E
Service Charge Circa £1,800 per annum
VAT The premises are elected for VAT
EPC Rating g-196
Size 1,275 sq ft
Legal Costs Each party to cover their own legal costs.

Property info

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

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For more information about this property, please contact
Assembly Commercial Real Estate, SE1 on +44 20 3641 3212 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Assembly Commercial Real Estate, and do not constitute property particulars. Please contact Assembly Commercial Real Estate 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.

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