18 Highbury Park Islington London
This property has been sold or let and is no longer available.
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About this property
Freehold shop and upper parts investment
3-storey whole building occupied by one tenant arranged as follows:
Ground floor take-away:
Frontage: 12'15"
Retail area: 278 sq. ft. approx.
Storage: 68 sq. ft. approx.
The upper parts are currently used as storage. The first and second floor each measure approx. 391 sq. ft. gross .
We have been advised that the current rent is £24,000 pa exclusive of VAT until 19th May 2023. The rent then rises to £30,000 pa until 2025. The lease will end on 19th May 2025 and there is a break date of 19th May 2023. The lease is outside the L&T 1954 Act.
Location
Located on Highbury Park (A1201) within a mixed use parade.
The property is within easy reach of various stations such as Arsenal, Highbury & Islington and Finsbury Park.
Legal costs
Ingoing tenant to bear both sides reasonable related legal costs.
Tenure
Freehold - subject to current lease.
EPC
Available upon request
Viewing
Via the owners agents PSS Commercial.
PSS kindly asks that all attendees must wear a mask at appointments and follow social distancing rules.
Do not book an appointment if you or someone you have been in contact with is displaying possible Coronavirus (Covid-19) symptoms.
VAT
Under the Finance Acts 1989 and 1997 VAT may be levied on the purchase price. We recommend that the prospective buyers establish the VAT implications before entering into any agreement.
