£900,000

Ellis & Co: Islington

Angel, N1 0NP

Property key facts

  • Bedrooms

    5
  • Bathrooms

  • Internal area

  • Property type

  • Year built

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Key facts

  • Freehold Commercial unit
  • Investment Opportunity
  • Rented For £50,000 p.a
  • Outstanding location

Property description

Additional text is available below.
This section of Upper Street supports a vibrant mix of tenants including boutique shops, cafes, restaurants and bars. Current developments in the area include the 'Islington Square' mixed-use scheme. TENURE: Freehold VAT: Not Applicable. TENANCY:- Asiatic Thai Massage Term: Under lease for a term of 15 years from October 2019. The lease is held inside the security of tenure provisions of the 1954 Landlord & Tenant Act. Passing Rent: £50,000 per annum exclusive. Review: 2023,( not increased yet) 1st October 2027 and 1st October 2031 Breaks: A tenant's only break on the 2nd anniversary of the commencement of the lease has now expired. LOCAL AUTHORITY: The London Borough of Islington. LEGAL COSTS: Each party is to pay their own legal costs.

Brochures

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Property Location

Angel, N1 0NP

Nearest stations

Nearest schools

Utility supply

  • Electricity

  • Water

  • Heating

  • Sewerage

Private rights of way
Public rights of way
Listed property
Restrictions

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