Property photos
Auction
Freehold
Guide price
£320,000
Terraced house for sale
36 Islington Green, London N1EPC rating: B
Key Information
Local area information
Property location
Nearby amenities
- St John Evangelist RC Primary School 0.1 miles
- Richard Cloudesley School (SEN) 0.2 miles
- Angel 0.3 miles
- Essex Road 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Clerkenwell, Farringdon and Holborn to find out more about the local area.
Features and description
- Freehold
- 999 years from 2024 at a peppercorn.
For sale by auction 18/04/2024 £320,000 plus
long leasehold commercial investment currently producing £25,000 per annum
Location & Description
The property is located in the centre of Islington, 200m north of Angel Tube Station (Northern Line) and 40m from the junction with Islington Green and the ai. The property is not listed, but is within the Angel conservation area, amongst a number of retail, restaurant and bar outlets, within the Camden Passage area. Nearby occupiers include Pizza Express, Reiss and Tesco Express. The property comprises a ground and basement retail unit, trading as a men's barbers.
Accommodation
Ground Floor:262 Sq Ft (24.34 Sq M)
Basement Floor:175 Sq Ft (16.26 Sq M)
Total:437 Sq Ft (40.60 Sq M)
Tenure
999 years from 2024 at a peppercorn.
Tenancy Details
The property is let on a 10 year lease from 17/12/2020 at a rent of £25,000 p.a. The tenant has an option to determine the lease on the 5th year, subject to a 6 month prior written notice. There is a rent review (upward only), on 17/12/2025. A 3 month deposit is held, as well as a personal guarantee, for the duration of the lease.
Note
Auction Surveyor : Rob Hills Contact :
Investment Surveyor : Jon Morell Contact :
Equivalent to £25,000 p.a.
EPC Rating
B
long leasehold commercial investment currently producing £25,000 per annum
Location & Description
The property is located in the centre of Islington, 200m north of Angel Tube Station (Northern Line) and 40m from the junction with Islington Green and the ai. The property is not listed, but is within the Angel conservation area, amongst a number of retail, restaurant and bar outlets, within the Camden Passage area. Nearby occupiers include Pizza Express, Reiss and Tesco Express. The property comprises a ground and basement retail unit, trading as a men's barbers.
Accommodation
Ground Floor:262 Sq Ft (24.34 Sq M)
Basement Floor:175 Sq Ft (16.26 Sq M)
Total:437 Sq Ft (40.60 Sq M)
Tenure
999 years from 2024 at a peppercorn.
Tenancy Details
The property is let on a 10 year lease from 17/12/2020 at a rent of £25,000 p.a. The tenant has an option to determine the lease on the 5th year, subject to a 6 month prior written notice. There is a rent review (upward only), on 17/12/2025. A 3 month deposit is held, as well as a personal guarantee, for the duration of the lease.
Note
Auction Surveyor : Rob Hills Contact :
Investment Surveyor : Jon Morell Contact :
Equivalent to £25,000 p.a.
EPC Rating
B
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Strettons Auctions
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