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67-69 Essex Rd 2,612 sq ft 100% Let Retail Property London N1 2SF £700,000 (£267.99/sq ft)
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
Comprising two attractive, ground floor retail units. No.67 Essex Road also benefits from a large, trading basement.
The Building’s uppers parts comprise three flats, sold off on long leases, producing ground rent income, as detailed below
The Building’s uppers parts comprise three flats, sold off on long leases, producing ground rent income, as detailed below
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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67-69 Essex Rd
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