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67-69 Essex Rd 2,612 SF 100% Leased Retail Building London N1 2SF $931,297 ($356.55/SF)
INVESTMENT HIGHLIGHTS
- Desirable Islington location
- Well let Freehold investment property comprising 2 shops and escalating ground rents from 3 flats
- Annual rental income of £47,000 and ground rents of £650 p.a.
EXECUTIVE SUMMARY
Comprising two attractive, ground floor retail units. No.67 Essex Road also benefits from a large, trading basement.
The Building’s uppers parts comprise three flats, sold off on long leases, producing ground rent income, as detailed below
The Building’s uppers parts comprise three flats, sold off on long leases, producing ground rent income, as detailed below
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,612 SF
Building Class
B
Year Built
1909
Price
$931,297
Price Per SF
$356.55
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Frontage
30’ on Essex Road
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67-69 Essex Rd
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