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PRIME LOCATION TAKEAWAY (A5) PREMISES – LEASE FOR SALE

Lease for Sale
169 Upper Street, London N1 1RG
RENT £88,100 per annum exclusive

LOCATION

The property is located on Upper Street, on its corner with Barnsbury Street, amongst the multitude of amenities to include shops, restaurants and bars of Islington which is one of the highly sought-after areas of London. Local occupiers in the vicinity include Euphorium Bakery, Belle Epoque Patisserie, La Petite Auberge, Udderlicious and Papa John’s. Transport facilities are convenient with both Angel (London Underground Northern Line) and Highbury & Islington (London Underground Victoria Line, London Overground and National Rail) Stations being within walking distance. Numerous bus routes also serve the area.

DESCRIPTION

The premises comprise a prominent corner A5 (takeaway) unit arranged over ground floor & basement.

AREAS (All Measurements Are Approximate):

Ground Floor – Sales: 1,561 Sq Ft   (145 Sq M)

Basement – Ancillary: 431 Sq Ft    (40 Sq M)

TOTAL: 1,992 Sq Ft (185 Sq M)

LEASE:

Assignment of a Full Repairing and Insuring Lease granted in January 2018 for a term of 15 years subject to 5 yearly rent reviews. The Lease is inside the Landlord & Tenant Act 1954.

RENT:

Year 1 – 2: £87,500 per annum exclusive

Year 3 – 5: £88,500 per annum exclusive

BUSINESS RATES:

We have been advised that the current business rates payable are £35,000 per annum. However, interested parties are advised to make their own enquiries to the Local Authority.

OPENING HOURS:

11.00 to 00.00 (7 days a week)

PREMIUM:

Premium Offers Invited for the benefit of the Lease and all fixtures & fittings.

LEGAL COSTS:

Each party to bear their own legal costs.

IDENTIFICATION:

Under the Money Laundering Regulations Act 2004, we are obliged to verify the identity of proposed tenants prior to instructing solicitors in order to assist in preventing fraud and money laundering. This information is required by Law.

EPC:

Available Upon Request.

VIEWING:

Strictly by prior appointment through SOLE Agents as above.

CONTACT:

Mert Seyhan

mert.seyhan@christo.co.uk

020 7482 1203

SUBJECT TO CONTRACT

NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT
Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: February 2018.

 

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Address

169 Upper Street, London N1 1RG
United Kingdom
London
Islington
N1 1RG

Additional Details

RENT £88,100 per annum exclusive
1,992
185
PREMIUM OFFERS INVITED for the benefit of the Lease and all fixtures & fittings.
Leasehold

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