£700,000
(£944.67/sq. ft)
Retail premises for saleEssex Road, London N1
741 sq. ft
About this property
Total approx. 1,257 sq ft retail + basement space
Freehold interest, prominent Islington location
Two retail units
Annual rental income circa £47,000 + £650 ground rent
Large trading basement at Unit 1
Leases secure and reversionary (next review Sept 2026)
Suitable for retail, café, office or medical uses (Class E)
VAT not applicable on the sale
Two ground-floor retail spaces totalling about 1,257 square feet make up the property.
The first unit is roughly 410 square feet on the ground floor and 534 square feet in the basement.
Second Unit 69: Ground floor, approximately 313 square feet.
The investment is currently a strong yield asset with upside potential, generating around £47,000 in rental income annually in addition to £650 in ground rents.
The property is reversionary, the leases are fully repaired and insured, and the next rent review for the unit is scheduled for September 2026.
The investment is currently a strong yield asset with upside potential, generating around £47,000 in rental income annually in addition to £650 in ground rents.
The property is reversionary, the leases are fully repaired and insured, and Unit 2's next rent review is scheduled for September 2026.
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