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COMMERCIAL

Chapel Market, London

£4,583 pcm
£54,996 pa
Jake Charles Property, North London

Letting details

Let available date:
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Furnish type:
Furnished
PROPERTY TYPE

Commercial Property

SIZE

2,351 sq ft

218 sq m

Key features

  • SHOP & UPPERS
  • RARE TO MARKET INVESTMENT OPPORTUNITY
  • FULLY LICENSED HMO ABOVE WITH HIGH RENTAL INCOME
  • SOUGHT AFTER ZONE 1 LOCATION
  • LEASE FOR SALE WITH 7 YEARS REMAINING (option to extend)
  • OVER 2300 SQ.FT
  • EARLY VIEWINGS ADVISED
  • COMMERCIAL AND RESIDENTIAL SPACE

Description

**SHOP AND UPPERS TO LEASE**

This rare to market investment opportunity offers a thriving commercial space on the ground floor and a five bedroom residential property above, brilliantly located on Chapel Market in the heart of Islington just 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.

On the ground floor, you'll find Sakusei, an establishment restaurant specialising in Japanese and Korean cuisine, providing a delightful atmosphere for it's customers. The 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.

Above the commercial unit you have a split level property, which offers a self-contained studio along with 4 spacious bedrooms and 2 bathrooms which is fully HMO licensed. The residential unit is achieving £62,400 per year in rental income, which covers the rent for the whole building + extra profit.

This area offers convenient access to all types of amenities, is within easy reach of central London. and situated only a few minutes walk from Angel Station (Zone 1).

Premium - £150,000

Lease remaining - 7 years with option to extend

Commercial and Residential rent: £55,000 pa (4583.33 per month)

Residential rental income: £62,400 pa (£5200 per month).

Commercial Rental income: £36,000 pa (£3000 per month).

Total income: £98,400

Brochures

Chapel Market, LondonBrochure

Energy Performance Certificates

EE Rating

Chapel Market, London

Approximate location

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 Jake Charles Property, North London

5th Floor The Grange, 100 High Street, London, N14 6BN

Jake Charles Property is an independent agency serving North London and Hertfordshire, specialising in sales, lettings, property management, and commercial property. We offer a comprehensive range of services to guide you through every step of your property journey.

At Jake Charles, we pride ourselves on providing a personal and bespoke service, tailored to the individual needs of each client. We understand the importance of building strong relationships and offering a truly personalised approach, ensuring you feel valued and supported throughout the process. Our team is committed to delivering exceptional service, where communication is key and every detail matters.

With a wealth of experience, in-depth local knowledge, and a well-connected network, we are able to offer expert advice and solutions for every situation. Whether you're buying your first home, renting, investing, managing a property, or seeking commercial space, we are dedicated to achieving the best possible results for you. Our passion for property and people drives us to consistently deliver exceptional service and make your property journey as smooth and stress-free as possible.

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Disclaimer - Property reference 33035038. 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 Jake Charles Property, North 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.