£280,000
(£190.35/sq. ft)
Restaurant for saleCaledonian Road, Barnsbury, Islington, London N1
1,471 sq. ft
Leasehold
About this property
Investment - Commercial long lease for sale in Barnsbury, Islington
Location
Located along the Caledonian Road within the desirable Barnsbury conservation area, the property is within walking distance of Caledonian Road (Piccadilly Line) and Highbury & Islington (Victoria Line/Overground) stations as well being a short walk to Caledonian Road and Barnsbury Overground Station.
Positioned along the west side of the main stretch of the high street the property enjoys good exposure, footfall and is serviced by numerous bus routes. The mid-section of Caledonian Road is seeing huge growth due to the proximity to Kings Cross and the fact Barnsbury is now Islington's most exclusive and expensive area.
Description
A long commercial leasehold interest where the unit is used as a Take-Away. Large unit set over ground and basement occupied by an independent operator called Craving Cross. The property has glass frontage, extraction on ground and basement and large basement kitchen.
- 20 year lease commenced on 15 June 2012
- Rent 21K pa
- Rent review 5 yearly - due 2027
accommodation
Gross Internal Area: 1471 sq ft
amenities
Glass frontage
Dual extraction
Large prep kitchen
Great location
Long term investment
terms
New 999 year lease offered on completion.
Legal costs
Each party to bear own legal costs.
Viewing
Strictly by appointment via Drivers and Norris
Location
Located along the Caledonian Road within the desirable Barnsbury conservation area, the property is within walking distance of Caledonian Road (Piccadilly Line) and Highbury & Islington (Victoria Line/Overground) stations as well being a short walk to Caledonian Road and Barnsbury Overground Station.
Positioned along the west side of the main stretch of the high street the property enjoys good exposure, footfall and is serviced by numerous bus routes. The mid-section of Caledonian Road is seeing huge growth due to the proximity to Kings Cross and the fact Barnsbury is now Islington's most exclusive and expensive area.
Description
A long commercial leasehold interest where the unit is used as a Take-Away. Large unit set over ground and basement occupied by an independent operator called Craving Cross. The property has glass frontage, extraction on ground and basement and large basement kitchen.
- 20 year lease commenced on 15 June 2012
- Rent 21K pa
- Rent review 5 yearly - due 2027
accommodation
Gross Internal Area: 1471 sq ft
amenities
Glass frontage
Dual extraction
Large prep kitchen
Great location
Long term investment
terms
New 999 year lease offered on completion.
Legal costs
Each party to bear own legal costs.
Viewing
Strictly by appointment via Drivers and Norris
Mortgage calculator
Monthly repayment
£1,400 per month
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