61 UPPER STREET, LONDON, N1 0NY

FREEHOLD INVESTMENT FOR SALE
950,000
1,175 sq ft
investment
Jon Morell
Commercial Agency
Joe Tallis-Chisnall
Commercial Agency

Key features

  • Fully functional and established Japanese Restaurant
  • Fully fitted kitchen with extraction and air conditioning
  • Character terraced building over 3 floors (basement not measured)
  • Very tasteful décor & good condition throughout

Description

Local occupiers include Almeida and Kings Head Theatres, Screen on the Green Cinema and the Business Design Centre. The terraced character building comprising of the Basement, Ground, First and Second floors is entirely let to Kojima Ltd on a Fully Repairing and Insuring lease from September 2009 for 20 years. The passing rent is £60,000 pa exclusive of all other outgoings. The next review is September 2024. The lease is granted within the security of the Landlord & Tenant Act 1954.

The building is prominently located on the west side of Upper Street, opposite Islington Green which forms part of a busy thoroughfare. The area is well connected with Angel and Highbury and Islington stations close by. Upper Street is the central hub of Islington and home to an array of restaurants, bars and cafes. Local occupiers include Almeida and Kings Head Theatres, Screen on the Green Cinema and the Business Design Centre