Tyttenhanger House,
Coursers Road,
Colney Heath,
St Albans
AL4 0PG
Chapel Market, London
Per month £4,583
Commercial
- SHOP & UPPERS
- RARE TO MARKET INVESTMENT OPPORTUNITY
- FULLY LICENSED HMO ABOVE WITH HIGH RENTAL INCOME
- SOUGHT AFTER ZONE 1 LOCATION
- LEASE FOR SALE WITH 7 YEARS REMAINING (option to extend)
- OVER 2300 SQ.FT
- EARLY VIEWINGS ADVISED
- COMMERCIAL AND RESIDENTIAL SPACE
**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 Sakusei, an establishment restaurant specialising in Japanese and Korean 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 - £150,000
Lease remaining - 7 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).
Commercial Rental income: £36,000 pa (£3000 per month).
Total income: £98,400
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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