41 Islington High Street Islington London N1 9LH

  • 41 Islington High Street<br>Islington<br>London<br>N1 9LH

41 Islington High Street
Islington
London
N1 9LH

Freehold Retail Investment

  • Prime Central London location
  • Prominent position on Islington High Street
  • Opposite Angel Station
  • Nearby occupiers include Marks & Spencer, Pret a Manger, Boots the Chemist and Waitrose
  • Lot
    12
  • Auction
    18th October 2011
  • Rent
    £66,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,210,000
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
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Freehold Retail Investment

  • Prime Central London location
  • Prominent position on Islington High Street
  • Opposite Angel Station
  • Nearby occupiers include Marks & Spencer, Pret a Manger, Boots the Chemist and Waitrose
  • Lot 12
  • Auction 18th October 2011
  • Rent £66,000 per Annum Exclusive
  • Status Sold
  • Price £1,210,000
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
Zone 1, Central London location, in the Borough of Islington
Roads
A1, A501
Rail
Angel and Highbury and Islington London Underground Stations (Northern and Piccadilly lines) , Kings Cross Mainline Station (1 mile)
Air
London City, London Stansted, London Luton
Situation

The property is well situated in a prominent position opposite Angel Underground Station, on the junction of Upper Street, and Liverpool Road. The nearby occupiers include Marks & Spencer, Pret a Manger, Boots the Chemist, Waitrose, Gap, Burger King and Sainsbury's.

Tenure

Freehold.

Location
Miles
Zone 1, Central London location, in the Borough of Islington
Roads
A1, A501
Rail
Angel and Highbury and Islington London Underground Stations (Northern and Piccadilly lines) , Kings Cross Mainline Station (1 mile)
Air
London City, London Stansted, London Luton
Situation

The property is well situated in a prominent position opposite Angel Underground Station, on the junction of Upper Street, and Liverpool Road. The nearby occupiers include Marks & Spencer, Pret a Manger, Boots the Chemist, Waitrose, Gap, Burger King and Sainsbury's.

Tenure

Freehold.

Description

The property consists of a ground floor retail unit with two floors of office accommodation, currently in use as an orthodontist and dental clinic.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property consists of a ground floor retail unit with two floors of office accommodation, currently in use as an orthodontist and dental clinic.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
Basement
First Floor
Second Floor
Retail and Storage
Ancillary Storage
Surgery and Premises
Surgery and Premises
113.36 sq m
34.71 sq m
34.76 sq m
30.45 sq m
(1,220 sq ft)
(374 sq ft)
(374 sq ft)
(328 sq ft)
SWEET VENTURES LTD
(t/a Cards Galore)
(1) (2)
10 years from 24/03/2009 £66,000 24/03/2014
Totals  

213.28 sq m

(2,296 sq ft)
    £66,000  

(1) The tenant has sublet the upper floors of the property. 2) For the year ending 31st March 2010, Sweet Ventures Ltd reported a turnover of £12,528,828, a pre-tax profit of £274,856 and a total net worth of £1,003,175. (Source www.riskdisk.com 20/09/2011)

Contacts

Acuitus
Peter CunliffePeter Cunliffe +44 (0)20 7034 4850peter.cunliffe@acuitus.co.uk
Tom RyderTom Ryder +44 (0)20 7034 4858 tom.ryder@acuitus.co.uk
Seller's Solicitors
Hamlins Roxburghe House, 273-287 Regent Street
London
W1B 2AD
020 7518 9100
Mark Hurst +44 (0)20 7355 6000mhurst@hamlins.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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