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Agent's details

Property agent
Josh Perlmutter

70 Upper Street

For sale: £1,650,000.00|2,518 Sq Ft|Office, Offices

Property details

FOR SALE£1,650,000.00
SIZE2,518 Sq Ft
ADDRESS70 Upper Street, Islington, N1 0NY
TYPEOffice, Offices
TENUREUnder Offer, For Sale Freehold
POSTED ON14th April 2023

Description

Key Points

  • Freehold in prime Islington location
  • Vacant upper floors
  • Ground and Lower Ground Floors let until 2033 at £72,500 PA Let to Ladybird Bar
  • E class throughout
  • Excellent natural light
  • Good floor to ceiling height
  • WC's on each floor
  • Development potential subject to planning permission
  • Fantastic opportunity for owner occupiers, investors and developers
  • Summary

    Mixed use Freehold building for sale with development potential (STPP) in the heart of Islington.

    Description

    The offices are in good decorative order, have their own entrance from Upper Street and approached by stairs. They benefit from excellent natural light, wood laminate floors, electric heating, excellent natural light, WC's on each floor and tea points. The Ground and Lower Ground is let unit 2033 with an income of 72,500 P.A.X.

    Location

    The property is situated on the west side of Upper Street, close to the Business Design Centre and Screen on the Green Cinema, nearly opposite Islington Green, forming part of a busy retail thoroughfare close to Angel London Underground station, Angel Central Shopping Centre, and all the extensive amenities that this part of Islington offers. Local occupiers include nationals and independent retail and restaurant occupiers including Monsoon, The Body Shop , Hotel Chocolate , Nat West bank, Lloyds bank to name a few.

    Tenure

    Freehold

    EPC

    Available on request

    Viewings

    Strictly through sole agents Compton

    Proposal

    Seeking offers in excess of £1,650,000 representing a low capital value of £655 Per Sq Ft.

    Location

    marker
    Location: 70 Upper Street, Islington, N1 0NY

    Angel (0.3 miles)

    Highbury & Islington (0.7 miles)

    Caledonian Road (1.0 miles)

    Essex Road (0.4 miles)

    Caledonian Road & Barnsbury (0.6 miles)

    Highbury and Islington (0.7 miles)

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