36 Islington Green, Islington, London, N1 8DU
£823.80 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
437 sq ft
41 sq m
- SECTOR
High street retail property for sale
Key features
- 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.
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.
Brochures
36 Islington Green, Islington, London, N1 8DU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Angel Station0.3 miles
- Essex Road Station0.4 miles
- Highbury & Islington Station0.7 miles
About Strettons, London
1-3 Sun Street, London, EC2A 2EP
Strettons is a London-based firm of property advisors providing multidisciplinary expertise across a wide range of commercial and residential property sectors throughout the UK.
For over 90 years, Strettons has provided specialist advice to buyers, owners, occupiers, investors and developers, with our in-house agency, management, auction, valuation and advisory teams working as one to add value.
Notes
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