Let's take a look

18 Highbury Park, London, N5 2AB
£675,000

Overview

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.


Address
18 Highbury Park, London, N5 2AB

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.

Price
£675,000


Tenure
Freehold - subject to current lease.

Business Rates


Legal Cost
Ingoing tenant to bear both sides reasonable related legal costs.

EPC
Available upon request

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.

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.

18 Highbury Park, Islington, London