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Investment Highlights
- Desirable Islington location
- Well let Freehold investment property comprising 2 shops and escalating ground rents from 3 flats
- Annual rental income of £47,000 and ground rents of £650 p.a.
Executive Summary
67–69 Essex Road comprises two well-positioned retail units forming part of a mixed-use freehold situated along one of Islington’s most active and established commercial corridors. No. 67 features a well-configured ground floor retail area supported by a substantial trading basement, offering flexibility for a variety of Class E users. No. 69 provides an efficient ground floor retail unit ideal for operators seeking a compact, high-street footprint. Both units sit within an attractive period building whose upper floors are sold off on long leases, generating steady ground-rent income. With long-term tenants in place, reliable income streams, and a location synonymous with consistent footfall, this property represents a strong, well-let retail investment in one of London’s most desirable neighbourhoods.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,612 sq ft
Costar Property Class
B
Year Built
1909
Price
£700,000
Price per sq ft
£267.99
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Frontage
30 ft on Essex Road
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Nearby Major Retailers
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67-69 Essex Rd
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