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UNDER OFFER

103 Newington Green Road, Islington, London, N1 4QY

Guide Price
£990,000

£498.24 per sq ft

Business rates & charges may apply

Strettons, Commericial Agency- City & City Fringe
SIZE AVAILABLE

1,987 sq ft

185 sq m

SECTOR

High street retail property for sale

Key features

  • Well located in the heart of Islington’s enclave of Canonbury, with nearby occupiers including a range of quality independents such as Cadet, Jolene, Perilla, and tranga. The Canonbury retail
  • An inter-terraced property comprising a self-contained retail unit over ground and basement levels with rear courtyard, and 3 x 1-Bedroom flats over the upper floors.
  • Retail NIA of c.657 sq. ft (61.04 sq. m), residential GIA of c.1,330 sq. ft (123.56 sq. m), providing a combined total area of 1,987 sq. ft (184.60 sq. m).
  • The retail store was subject to a lease to Amberstage Limited (t/a ‘Mother Earth’) as an organic food and grocery shop on a 35-year term expiring in 2042 at £17,000 per annum (c.£25.88 per sq.
  • The upper floors comprise 3 x 1 bed flats each let on ASTs at a rent of £21,000 per annum (£1,750pcm). Total rents reserved £63,000 per annum exclusive
  • To be sold at auction on 29th October if sale not agreed prior.

Description

Description
An inter-terraced 4-storey plus basement property forming part of an attractive retail parade in the heart of Canonbury. The building comprises a self-contained retail unit over ground and basement levels which was leased to an independent organic / wholefoods retailer trading as Mother Earth. The rear of the property has an external yard, currently demised to the retail unit. The upper floors are configured as three self contained 1-bed flats, each comprising living room, separate or galley kitchen, bedroom and bathroom/WC. All flats are let subject to ASTs. To be sold via Strettons Auctions - legal pack and register to bid via

Location
The property is within walking distance of Canonbury, Highbury & Islington and Dalston Junction stations, providing excellent public transport connectivity with access to the Overground, Victoria, and National Rail lines. The area is also wellserved by numerous local bus routes.

Brochures

103 Newington Green Road, Islington, London, N1 4QY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Canonbury Station0.3 miles
  • Dalston Kingsland Station0.5 miles
  • Dalston Junction Station0.6 miles

About Strettons, Commericial Agency- City & City Fringe

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

These notes are private, only you can see them.

Disclaimer - Property reference 233594-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Strettons, Commericial Agency- City & City Fringe. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Strettons, Commericial Agency- City & City Fringe on 020 3834 8750.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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