Property photos
Just added
£700,000
(£944.67/sq. ft)
Retail premises for sale
Essex Road, London N1741 sq. ft
Local area information
Property location
Nearby amenities
- Essex Road 0.1 miles
- The New North Academy 0.2 miles
- North Bridge House Senior Canonbury 0.2 miles
- Canonbury 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Total approx. 1,257 sq ft retail + basement space
- Freehold interest, prominent Islington location
- Two retail units
- Annual rental income circa £47,000 + £650 ground rent
- Large trading basement at Unit 1
- Leases secure and reversionary (next review Sept 2026)
- Suitable for retail, café, office or medical uses (Class E)
- VAT not applicable on the sale
With great pleasure, Nexns Estates offers this £700,000 well-let freehold investment opportunity at Essex Road, London N1.
Two ground-floor retail spaces totalling about 1,257 square feet make up the property.
The first unit is roughly 410 square feet on the ground floor and 534 square feet in the basement.
Second Unit 69: Ground floor, approximately 313 square feet.
The investment is currently a strong yield asset with upside potential, generating around £47,000 in rental income annually in addition to £650 in ground rents.
The property is reversionary, the leases are fully repaired and insured, and the next rent review for the unit is scheduled for September 2026.
The investment is currently a strong yield asset with upside potential, generating around £47,000 in rental income annually in addition to £650 in ground rents.
The property is reversionary, the leases are fully repaired and insured, and Unit 2's next rent review is scheduled for September 2026.
Two ground-floor retail spaces totalling about 1,257 square feet make up the property.
The first unit is roughly 410 square feet on the ground floor and 534 square feet in the basement.
Second Unit 69: Ground floor, approximately 313 square feet.
The investment is currently a strong yield asset with upside potential, generating around £47,000 in rental income annually in addition to £650 in ground rents.
The property is reversionary, the leases are fully repaired and insured, and the next rent review for the unit is scheduled for September 2026.
The investment is currently a strong yield asset with upside potential, generating around £47,000 in rental income annually in addition to £650 in ground rents.
The property is reversionary, the leases are fully repaired and insured, and Unit 2's next rent review is scheduled for September 2026.
More information
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