Chapel Market, London N1

  Ref 024492    

Chapel Market, London N1

Ref 024492

  • £500,000  

    For Sale

    £500,000  

    For Sale

  • Description

    Lock-up shop arranged over ground floor and basement with good natural light from the rear of the ground floor. The premises are currently operating as a hairdresser and beauty business, but suitable for a variety of other trades such as retail, office, catering etc.

    We are offering the premises with full fixtures and fittings as a hairdressers with premium, or as an empty shop without premium. Alternatively the long leasehold interest of the ground and the basement is also available.

    Viewing strictly by appointment via sole agents Claridges.

    Gallery

    Areas

    Raised Ground floor 5.34m x 4.22m 22.53 sq m (242.49 sq ft) Ground floor 7.15m x 5.02m 35.89 sq m (386.28 sq ft) Total ground floor area 628 sq ft (58.42 sq m) Basement Treatment room 1 3.75m x 2.39m 8.96 sq m (96.46 sq ft) Room 2 3.15m x 3.90m 12.28 sq m (132.22 sq ft) Kitchen & WC Total basement area 29.20 sq m (314 sq ft) Total area 87.51 sq m (942 sq ft)

    Terms

    Option 1 Alternatively the long leasehold interest of the ground floor and basement is available. Held on a 100 year lease from May 1992 at a peppercorn ground rent. This interest is available for offers in excess of £500,000 (approximately 69 years remaining). Option 2 Available on a new full repairing and insuring lease for a term to be agreed at £31,000 pa. Premium £20,000 sought for the fixtures, fittings and equipment or nil premium as an empty shop.

    Location

    Situated in an excellent position on this very busy Chapel Market directly opposite Baron Street where it meets White Lion Street. The nearest station is Angel underground station, which is 5 minutes walk away. Chapel Market is a mixed street where market days are 6 days a week (apart from Mondays). Islington is a buzzy cosmopolitan area with a variety of boutiques, restaurants, cafes and other concerns.

    Book a viewing

    For Sale

    £500,000