Central London Restaurant Investment
Central London Restaurant Investment
Highbury & Islington is an affluent North London suburb. The property is located on the corner of Sheringham Road and Liverpool Road, 800 metres from Arsenal FC (Emirates Stadium), 500 metres north of Highbury Corner and Upper Street and benefits from close proximity to four railway/Underground stations.
Long Leasehold. Held for a term of 125 years from 2001 until 2126 at a ground rent of £300 per annum.
Highbury & Islington is an affluent North London suburb. The property is located on the corner of Sheringham Road and Liverpool Road, 800 metres from Arsenal FC (Emirates Stadium), 500 metres north of Highbury Corner and Upper Street and benefits from close proximity to four railway/Underground stations.
Long Leasehold. Held for a term of 125 years from 2001 until 2126 at a ground rent of £300 per annum.
The property comprises ground floor restaurant accommodation with ancillary accommodation in the basement.
VAT is not applicable to this lot.
Six Week Completion
Band D. See legal pack acuitus.co.uk
The property comprises ground floor restaurant accommodation with ancillary accommodation in the basement.
VAT is not applicable to this lot.
Six Week Completion
Band D. See legal pack acuitus.co.uk
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground Basement |
Retail Ancillary |
58.3 sq m 69.1 sq m |
(628 sq ft) (743 sq ft) |
PASTAMANIA UK LIMITED |
Approximately 5 years from 22/8/2017 |
£32,000 (1) | 23/02/2023 |
| Totals |
127.4 sq m |
(1,371 sq ft) |
£32,000 | ||||
(1) The tenant pays the rent monthly and has no arrears.
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