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Chapel Market, London, N1

£4,583 pcm
£55,000 pa

£23.39 per sq ft

Business rates & charges may apply

Property Inc. Ltd, London
SIZE AVAILABLE

2,351 sq ft

218 sq m

SECTOR

Shop to lease

Lease details

Lease available date:
Ask agent
Furnish type:
Furnished

Description

***SHOP AND UPPERS*** This unique investment opportunity boasts a thriving commercial space on the ground floor and five DOUBLE bedrooms well-appointed residential flat above which covers the rent for the commercial will extra profit made on top, strategically located at Chapel Market in the vibrant heart of Islington minutes from Angel Underground Station. With a combined area of 2,351sq.ft. (1,203sq.ft commercial + 1,146sq.ft residential), this property caters to both commercial and residential investors seeking high-demand assets in a sought-after London location.

THE COMMERCIAL

On the ground floor, you'll discover the renowned Tagine Restaurant, an establishment specializing in authentic Moroccan cuisine providing a delightful atmosphere for patrons. The generous kitchen is well-equipped, ensuring efficiency in serving delightful dishes. The restaurant also includes convenient restroom facilities. Stepping down to the lower ground floor reveals an additional feature, a spacious cellar, ideal for storage or expansion possibilities as it's very spacious with high ceilings.

THE PROPERTY

Above the commercial you have a self-contained studio along with a very spacious 4 double bedrooms and 2 bathrooms fully licenced with a HMO.

Ascending to the first floor reveals a huge residential haven featuring two double bedrooms. The well-designed layout includes a fully-equipped kitchen, a bathroom with a shower, washbasin, and WC, offering a comfortable and modern living space.

Continuing upward to the second floor unveils another residential oasis. Two double bedrooms provide ample accommodation, complemented by a studio/1-bedroom unit with its own kitchen. This floor also features a bathroom with a bath over shower, washbasin, and WC, providing convenience and privacy.

THE LOCATION AND AMENITIES

Getting around London could not have got easier. This area offers convenient access to all types of amenities and is within easy reach of central London while retaining a considerable degree of exclusivity. Situated only a few minutes walk from Angel tube station (0.2 miles) and King’s Cross Station (0.6 miles).

The property is surrounded by numerous cafes, restaurants and bars make this an exciting and highly desirable location. Within seconds you can find Traditional English pubs serving upscale gastro fare to well-heeled clients mix with some more cutting-edge offerings closer to Angel, Upper Street and King’s Cross. It is this mix of traditional English charm with characteristic Islington internationalism that give the area much of its appeal.

Call us at your earliest convenience to arrange a viewing. Immediate interest is expected.

Think... Property Inc!

TO CONSIDER:

Commercial and Uppers Rent: £55,000.00 per annum (£4,583.33 a month)

Lease: Currently 8 years remaining

Premium: £130,000.00 including all fixtures and fittings

The huge benefit is that the flat above is tenanted and achieving £5200.00 a month which covers the rent for the building and extra profit.

Chapel Market, London, N1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Angel Station0.1 miles
  • Kings Cross Thameslink Station0.6 miles
  • Essex Road Station0.7 miles

About Property Inc. Ltd, London

7 Turnpike Parade, Green Lanes, London, N15 3EA

Property Inc. Ltd, London

Property Inc is an independent Hybrid Estate Agent based in Haringey run by familiar faces to Haringey.

We specialise in Sales, Lettings, Commercial, Management and Financial Services.

Our directors have over 15 years combined experience working in Haringey and beyond as Estate agents. North London is our home - we don't just work here, we live here!

We have designed our business from our experience as agents. Using our Hybrid model we aim to deliver an adaptive service buil

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Disclaimer - Property reference PRI240007_L. 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 Property Inc. Ltd, London. 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.

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