CONFIDENTIALLY AVAILABLE
PRIME ISLINGTON A1 RETAIL UNIT
GROUND FLOOR, BASEMENT WITH PATIO
1,000 sq ft (92.9 sq m) approx plus patio
UPPER STREET,ISLINGTON, LONDON, N1
Location
The building occupies a prominent location on the Western side of Upper Street, close to its junction with Islington Park Street. Upper Street is the main commercial thoroughfare of Islington with its wide variety of retail shops, restaurants and bars.
Angel Underground Station (Northern Line) is approximately ¾ mile to the south, and Highbury and Islington Underground Station (Victoria Line and Silver Link train services) is approximately ¼ mile to the north. Regular bus routes service the area.
Description
The property comprises the ground floor and basement of a three storey mid terraced building. The shop provides open plan trading space currently used for the display and sale of ladies clothing and accessories, with rear office/storage, and a rear patio area. There is also a small basement suitable for storage.
The space is in an excellent condition and benefits from wooden floor, good natural light at front and rear, disabled WC, spotlighting, burglar alarm, electric shutters at rear and security gate at the front.
Accommodation (all areas are approximate net internal areas)
Ground Floor 1,000 sq ft 92.9 sq m
Basement 216 sq ft 20.06 sq m
Rear Patio 365 sq ft 35.90 sq m
Terms
We understand that there is an existing full repairing and insuring lease for a term of 10 years from 20th May 2003 with no further rent reviews due before the end of the lease.
Alternatively a new lease could be available from the freeholder upon terms to be agreed.
Rental
The passing rental is £54,000 per annum exclusive of rates, service charge and VAT, if applicable.
Business Rates/Service Charge
To be advised.
Legal Costs
Ingoing tenant to be responsible for both parties legal costs.
Viewing
Strictly by appointment through sole agents:
Currell Commercial Ltd.
020 7354 5050
Beverley Hedge e-mail:
Jon Morell e-mail: