£700,000

Retail premises for sale

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Offers in region of

£700,000

(£549.02/sq. ft)

Retail premises for sale

Goswell Road, London EC1V

1,275 sq. ft

Local area information

Property location

Nearby amenities

  • Angel 0.1 miles
  • The Pears Family School 0.2 miles
  • St John Evangelist RC Primary School 0.2 miles
  • Essex Road 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Barbican to find out more about the area.

Features and description

  • Situated circa 100 metres from Angel Station
Location
The property is located at the top of Goswell Road, approximately 50 metres to the junction with Islington High Street and 100 metres from Angel Underground Station.

Description
The unit occupies a prominent position near to the main junction, and is arranged over ground floor and basement. The premises currently trades as a convenience store.

Size
1,275 sq ft over ground floor and basement.

Lease terms
The premises are let on a Fri lease for a term of 20 years from 20th May 2010 to an independent operator. The current passing rent is £45,000 per annum exclusive.

Tenure
999 year long leasehold.

Price
Offers in the region of £700,000 will be considered for the long leasehold interest. This represents a Net Initial Yield of 6.01% after deducting purchaser's costs of 5.3%.

Building type Class E
Service Charge Circa £1,800 per annum
VAT The premises are elected for VAT
EPC Rating g-196
Size 1,275 sq ft
Legal Costs Each party to cover their own legal costs.

More information

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