Log In/Sign up
Your email has been sent.
7-9 Islington Green 6,822 sq ft Retail Property London N1 2XH £4,680,000 (£686.02/sq ft) 6% Net Initial Yield
Investment Highlights
- Located in Islington, one of London’s most desirable and affluent borough
- Prominent landmark position at the northern end of Islington Green, in the heart of Upper Street’s established restaurant and leisure offering
- Only 2 miles north east of the West End and 1.5 miles north of the City of London
Executive Summary
The property is let to Bellanger Brasserie (Mitchells & Butlers guarantee), with 10 years guaranteed income. The current passing rent is £300,000 per annum.
Our client is seeking offers in excess of £4.68m, reflecting a net initial yield of 6%. The property is held virtual freehold (999 years from 1998) at a peppercorn rent.
Our client is seeking offers in excess of £4.68m, reflecting a net initial yield of 6%. The property is held virtual freehold (999 years from 1998) at a peppercorn rent.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Property Size
6,822 sq ft
Costar Property Class
B
Year Built
1900
Price
£4,680,000
Price per sq ft
£686.02
Yield
6%
NOI
£280,800
Tenancy
Single
Number of Floors
4
Amenities
- Restaurant
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
7-9 Islington Green
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.