Offers in excess of £200,000
562 sq ft
Situated within the highly desirable area of Islington. The property is positioned within a parade of 5 retail units comprising a chiropractic clinic and artisan bakery adjacent, with a convenience store and pizzeria completing the parade.
A vacant mid-terrace ground floor lock-up shop with a glazed frontage comprising open plan accommodation with a partitioned WC to the rear.
There are two walk-in refrigeration units within the unit.
We measure the accommodation to comprise the following:
The front section of the unit is held freehold. Title number EGL547177.
The rear section directly beneath the residential units is held on a long lease for a team of 999 years from 2008 at a peppercorn rent. Title number EGL547178.
An Energy Performance Certificate has been instructed. Please contact the agents for additional information.
Rateable Value – £10, 500
Rates Payable 2021/22 – £5, 240 pa
The purchaser may be entitled to small business rates relief.
We understand the property falls within Use Class E – Commercial Business & Services.
Interested parties are to make their own enquiries of Islington council.
Each party is to bear their own legal costs.
We understand that the property is elected for VAT and VAT will therefore be applicable to the sale.