201-202 Upper Street, N1, Angel, N1 1RQ
£441.06 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
5,056 sq ft
470 sq m
- SECTOR
High street retail property for sale
Key features
- Freehold.
- Situated on Upper Street, Islington’s prime retail high street and popular residential and office pitch.
- Excellent connectivity and strong footfall due to its prime position just 350 metres from Highbury & Islington Underground Station.
- Comprises 5,056 sq ft (NIA) and 6,680 sq ft (GIA) arranged over lower ground and ground three upper floors.
- Fully let to six tenants with a passing rent £143,000 per annum reflecting £28.28 psf.
- The offices have a WAULT to break of 2.40 years and a WAULT to expiries of 2.54 years.
- The retail has an unexpired term of 6.82 years.
- Located outside an Article 4 direction, the property has the potential to benefit from Class MA Permitted Development Right.
Description
201-202 Upper Street comprises 5,056 sq ft (NIA) of retail and office accommodation.
The property features a lower ground and ground-floor retail unit, with office space arranged across the upper parts, divided between a front and rear building. The front building contains two floors of office accommodation, while the rear building has three.
The ground floor and basement comprise of a retail unit which has been recently refurbished by the tenant. The office accommodation accessed from Upper Street is split into a front and rear building and provides 5 units over the 1st to 3rd floors.
Location
201-202 Upper Street is located on the west side of Upper Street, 350 meters south of Highbury and Islington Underground Station and a 12 minute walk north of Angel Underground station.
Upper Street forms the prime retail pitch in Islington and boasts a vibrant mix of offices, fashion retailers, restaurants, bars, and a rich arts and culture scene.
According to My Traffic, the average footfall in the immediate area is 73,500 people per week, with between 6,600 and 11,000 people passing the retail unit each day.
Brochures
201-202 Upper Street, N1, Angel, N1 1RQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Highbury & Islington Station0.3 miles
- Essex Road Station0.3 miles
- Caledonian Road & Barnsbury Station0.5 miles
Notes
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