Chapel Market, London
Letting details
- Let available date:
- Ask agent
- 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
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, LondonBrochureEnergy Performance Certificates
EE RatingChapel Market, London
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
Notes
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.






