Barnsbury, Islington, London

Commercial Property for Sale

£280,000

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Description

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


Floorplan

Floorplan

EPC


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The calculator does not include all the costs you will need to pay when taking out a mortgage. Your actual mortgage payments may be higher or lower than the estimates provided by this calculator. The interest rates used in the calculations are subject to change and may not reflect the actual rates available in the market.

Please note that the calculator does not consider changes in interest rates over time, early repayment charges, or any other fees and charges that may apply to your mortgage. You should always seek professional advice before making any financial decisions.

Remember, your home may be repossessed if you do not keep up repayments on your mortgage.

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Drivers & Norris

407/409 Holloway Road, London, N7 6HP

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