INVESTMENT, 999 year lease - Commercial virtual freehold 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 local cafe.
- 6 year lease commenced on 30 September 2025.
- Rent 10K pa
- Rent Review 3 yearly - due on 29 September 2028
ACCOMMODATION
248 sq ft
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