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271 Upper Street, London, N1 2UQ
For Sale £1,500,000 Offers in excess of

Overview

Freehold shop and upper parts. Approx. 2660 sq.ft. in total. The ground and basement is approx. 1390 sq.ft. Retail unit currently let to Nailogy Ltd for a term of 7 years ending 24.8.28 with a tenant only break on 24.8.26 and rent review 25.8.26., producing a rent of £43,000 per annum. The unit is well presented and busy on the day of my inspection. The upper parts are office space occupying part ground (entrance) first, second and third floors of approx. 1273 sq.ft. The first and second floors are currently occupied by an accountancy firm holding over. Further details upon request. The third floor will be vacant.


Address
271 Upper Street, London, N1 2UQ

Location
Located on Upper Street (A1) in Islington on a busy mixed use parade. Highbury & Islington Station (Great Northern, Overground and Thameslink) is a short walk away.

Price
For Sale £1,500,000 Offers in excess of


Tenure
Freehold

Business Rates
Rateable value - GF & Basement £46,500, 1st Flr £9,400, 2nd Flr £8,800, 3rd Flr £6,000 (as taken from Gov.uk) This is not the amount you will pay. The rateable value is used to calculate your rates bill. Please refer to the Local Authority for more information on rates

Legal Cost
Each side to bear their own legal fees

EPC
GF & Basement Energy Rating B - Valid until May 2031 1st, 2nd, 3rd Flr - Awaiting

Vat
Under the Finance Acts 1989 and 1997 VAT may be levied on the sale price. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.

Viewing
Via the owners agents PSS Commercial 0208 800 4321

Comments
Low Capital Value

271 Upper Street, Islington, London