Retail sold

239 Upper Street

Freehold Investment Opportunity

Attractive Period Property

Well located in the heart of Islington and close to Highbury and Islington Station

Residential upper parts sold off

Large ground floor retail unit of approximately 1,170 sq ft NIA

Let to William Hill Organization Limited for a term of 10 years from 18th August 2014

Passing Rent of £49,500 per annum exclusive

239 Upper street, London, United Kingdom N1 1RU

Open in Google Maps
The property is located on Upper Street, the principle shopping thoroughfare within the Borough of Islington. The property is excellently situated being under 5 minutes walking distance from Highbury & Islington Station and within 20 minutes walking distance from Angel Station. The property is situated on a busy retail patch with a mixture of local traders and national occupiers including KFC, Costa Coffee and Nationwide. Current developments in the area include the 'Islington Square' mixed use scheme. This will primarily comprise of residential units as well as some retail which should improve footfall significantly on the northern section of Upper Street.
Local authority: Islington

Transport

Airports

London City 7.3m, London Heathrow 16.1m, London Gatwick 27.7m

National rail

Highbury & Islington 0.1m, Drayton Park 0.6m, Essex Road 0.4m

Tube

Highbury and Islington 0.1m, Essex Road 0.4m, Drayton Park 0.6m

Further information

See more
Tenancy schedule
Tenant NIA (sq ft) Rent (p.a.) Start date Expiry date Break option Next review Comments
William Hill Orga...More1,170£49,50013/08/201413/08/202416/08/201917/08/2019Effective full re...More
EPC
Certificate Available on request

Property marketed by:

Attractive Freehold Investment Opportunity on Upper Street

£950,000