£1,150,000
(£521.78/sq. ft)
Property for saleEssex Road, Islington N1
2,204 sq. ft
Freehold
About this property
Substantial Mixed Use Freehold Building moments from Essex Road Rail Station, comprising a retail unit over the ground and basement and a maisonette over the upper floors. Thought to be perfect for redevelopment or alternative use, subject to relevant planning consents.
Location
The premises are located midway along Essex Road close to the busy junction of Canonbury Road, New North Road. Essex Road Rail Station is just around the corner and Highbury & Islington Station just at the top of Canonbury Road. This stretch of Essex Road is a busy local parade with traditional occupiers including Tesco Express and Sainsbury's Local. The area is well served by public transport with numerous bus routes serving the immediate area.
Description
The property is laid out over 4 floors, including the basement. The ground floor and basement comprises a large retail unit, Use Class E, with excellent ceiling height. Currently on the market for rent £28,000 per annum with several offers on the table.
The flat entrance is located at ground floor to the left of the retail unit. The entrance hall leads you directly to the first double bedroom which benefits from its own balcony and adjacent shower/toilet. The first floor contains a large, modern open plan kitchen and living room with the added benefits of dual aspect windows, high ceilings and plenty of natural light. The top floor contains a further 2 double bedrooms and a family bathroom. The building has been in the same ownership for many decades and is an ideal refurbishment/development opportunity, subject to relevant planning consents.
Planning is already in place for a mansard roof extension, comprising 2 bedrooms and WC, granted 6 January 2023.
Flat is currently let on an AST until August 2026 at £2,900 per calendar month.
Accommodation
Commercial:
Ground floor area 715 Sq Ft / 66.53 m2
Basement 715.50 Sq Ft / 39.16 m2
Commercial total area: 1,137 Sq Ft / 106 m2
Flat
Half landing 26.36 m2 / 283.57 Sq Ft
1st floor 36.04 m2 / 387.93 Sq Ft
2nd floor 36.73 m2 / 395.32 Sq Ft
Flat total area: 99.1 m2 / 1,067 Sq Ft
Building total area: 2,204 Sq Ft / 205.1 m2
amenities
Commercial Amenities:
Security Shutter
High Ceiling
WC
Floor to ceiling Glass Frontage
Vacant (under offer at £30k per annum)
terms
Freehold For Sale
outgoings
Parties are advised to make their own enquires with the local authority.
Viewing
Strictly by appointment through Drivers and Norris
Location
The premises are located midway along Essex Road close to the busy junction of Canonbury Road, New North Road. Essex Road Rail Station is just around the corner and Highbury & Islington Station just at the top of Canonbury Road. This stretch of Essex Road is a busy local parade with traditional occupiers including Tesco Express and Sainsbury's Local. The area is well served by public transport with numerous bus routes serving the immediate area.
Description
The property is laid out over 4 floors, including the basement. The ground floor and basement comprises a large retail unit, Use Class E, with excellent ceiling height. Currently on the market for rent £28,000 per annum with several offers on the table.
The flat entrance is located at ground floor to the left of the retail unit. The entrance hall leads you directly to the first double bedroom which benefits from its own balcony and adjacent shower/toilet. The first floor contains a large, modern open plan kitchen and living room with the added benefits of dual aspect windows, high ceilings and plenty of natural light. The top floor contains a further 2 double bedrooms and a family bathroom. The building has been in the same ownership for many decades and is an ideal refurbishment/development opportunity, subject to relevant planning consents.
Planning is already in place for a mansard roof extension, comprising 2 bedrooms and WC, granted 6 January 2023.
Flat is currently let on an AST until August 2026 at £2,900 per calendar month.
Accommodation
Commercial:
Ground floor area 715 Sq Ft / 66.53 m2
Basement 715.50 Sq Ft / 39.16 m2
Commercial total area: 1,137 Sq Ft / 106 m2
Flat
Half landing 26.36 m2 / 283.57 Sq Ft
1st floor 36.04 m2 / 387.93 Sq Ft
2nd floor 36.73 m2 / 395.32 Sq Ft
Flat total area: 99.1 m2 / 1,067 Sq Ft
Building total area: 2,204 Sq Ft / 205.1 m2
amenities
Commercial Amenities:
Security Shutter
High Ceiling
WC
Floor to ceiling Glass Frontage
Vacant (under offer at £30k per annum)
terms
Freehold For Sale
outgoings
Parties are advised to make their own enquires with the local authority.
Viewing
Strictly by appointment through Drivers and Norris
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