£40,000 pa
(£40.86/sq. ft. pa)
Retail premises to letRose & Rose, 400 St John Street, Islington, London EC1V
979 sq. ft
EPC Rating: E
About this property
1 min walk away from Angel Tube station
Turnkey coffee shop
Prime Islington location
High footfall
Lease assignment
Current turnover c. £180,000 pa
Premium: £85,000
Estimated Rates Payable: £16956
Description
A turnkey 979 sq ft coffee shop arranged over the ground and basement floors. The store performs well and has excellent frontage, strong natural light, ample storage space and repeat customers. It provides a clean, equipped and inviting space that’s well-suited to be taken over by someone looking to open their first coffee shop and get straight into business with a proven location and model or for existing operators looking to expand their brand.
Offered with equipment and fittings; seeking a premium of £85,000.
Location
The shop is located a one minute walk away from Angel Underground Station. The highly anticipated Angel Square development has launched just moments away, providing 188,000 sq ft of Grade A office space, inviting tenants such as LadBible as occupiers. St John Street draws steady footfall from local residents, office workers, visitors, and nearby Upper Street shoppers. With its vibrant atmosphere and strong mix of surrounding traders, Rose & Rose offers a highly desirable coffee shop for owners looking for a first or additional site with visibility and year-round customer traffic.
Premium & Lease Terms
The premises are available by way of an assignment of an existing 10-year sub-underlease expiring in October 2034. There is a tenant-only break option and rent review in October 2029. The lease is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954. A premium of £85,000 is sought for the leasehold interest, fittings, fixtures and shop's equipment.
A turnkey 979 sq ft coffee shop arranged over the ground and basement floors. The store performs well and has excellent frontage, strong natural light, ample storage space and repeat customers. It provides a clean, equipped and inviting space that’s well-suited to be taken over by someone looking to open their first coffee shop and get straight into business with a proven location and model or for existing operators looking to expand their brand.
Offered with equipment and fittings; seeking a premium of £85,000.
Location
The shop is located a one minute walk away from Angel Underground Station. The highly anticipated Angel Square development has launched just moments away, providing 188,000 sq ft of Grade A office space, inviting tenants such as LadBible as occupiers. St John Street draws steady footfall from local residents, office workers, visitors, and nearby Upper Street shoppers. With its vibrant atmosphere and strong mix of surrounding traders, Rose & Rose offers a highly desirable coffee shop for owners looking for a first or additional site with visibility and year-round customer traffic.
Premium & Lease Terms
The premises are available by way of an assignment of an existing 10-year sub-underlease expiring in October 2034. There is a tenant-only break option and rent review in October 2029. The lease is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954. A premium of £85,000 is sought for the leasehold interest, fittings, fixtures and shop's equipment.
.png){kind=logo}