Commercial property to let in Chapel Market, London N1

£55,000 pa (£23.39/sq. ft. pa)
Interested in this property? Call +44 20 3463 7485 * or Request Details

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Commercial property to let

218 sq. m*

Property features

  • Shop & uppers
  • Rare to market investment opportunity
  • Fully licensed HMO above with high rental income
  • Sought after zone 1 location
  • Lease for sale with 8 years remaining (option to extend)
  • Over 2300 sq.ft
  • Early viewings advised
  • Commercial and residential space

Property description

**shop and uppers to lease**

This rare to market investment opportunity offers a thriving commercial space on the ground floor and a five bedroom residential property above, brilliantly located on Chapel Market in the heart of Islington just minutes from Angel Underground Station. With a combined area of 2,351sq.ft. (1,203sq.ft commercial + 1,146sq.ft residential), this property caters to both commercial and residential investors seeking high-demand assets in a sought-after London location.

On the ground floor, you'll find Tagine Restaurant, an establishment specialising in authentic Moroccan cuisine providing a delightful atmosphere for it's customers. The kitchen is well-equipped, ensuring efficiency in serving delightful dishes. The restaurant also includes convenient restroom facilities. Stepping down to the lower ground floor reveals an additional feature, a spacious cellar, ideal for storage or expansion possibilities.

Above the commercial unit you have a split level property, which offers a self-contained studio along with 4 spacious bedrooms and 2 bathrooms which is fully HMO licensed. The residential unit is achieving £62,400 per year in rental income, which covers the rent for the whole building + extra profit.

This area offers convenient access to all types of amenities, is within easy reach of central London. And situated only a few minutes walk from Angel Station (Zone 1).

Premium - £130,000

Lease remaining - 8 years with option to extend

Commercial and Residential rent: £55,000 pa (4583.33 per month)

Residential rental income: £62,400 pa (£5200 per month).

Property info

3d Floorplan.Jpg View original

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Jake Charles Property Ltd, N14 on +44 20 3463 7485 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Jake Charles Property Ltd, and do not constitute property particulars. Please contact Jake Charles Property Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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