Virtual Freehold Office For Sale With Parking
Summary
- Virtual Freehold (962 years unexpired)
- Mid-terrace office building owned & occupied by an English language school
- Comprising 1,808 sq. ft. (NIA) / 1,964 sq. ft. (GIA) of accommodation over ground & two upper floors
- Large external terrace located at the rear
- 2 x secure car parking spaces
- Available by way of sale & leaseback or with vacant possession
- Potential for alternative uses, STPP
- Of interest to investors, developers &/or owner occupiers
- Excellent transport links with Angel underground station (Northern Line), approx. 200 metres away
- Guiding offers in excess of £925,000, reflecting a low capital value of £512 psf (NIA), subject to contract and exclusive of VAT
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m |
| Ground | 584 | 54.26 |
| 1st | 577 | 53.61 |
| 2nd | 646 | 60.02 |
| Total | 1,807 | 167.89 |
Location
The property is located on the Northern side of White Lion Street, close to the junction of Islington High Street.
Angel Underground Station (Northern Line) is within 1 minute walking distance to the property.
Angel Central Shopping Centre is less than a 3-minute walk away, and is known for its mix of shops, restaurants and entertainment options, making it an attractive destination for shopping and socialising.
Get directions from Google Maps
Mainline Stations
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King's Cross13 mins
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Essex Road14 mins
-
Caledonian Road and Barnsbury16 mins
-
St Pancras17 mins
Underground Station
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Angel1 min
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King\'s Cross13 mins
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Essex Road14 mins
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Kings Cross St. Pancras14 mins
Further Information
Price Offers in excess of £925,000
Rates Payable Applicants are to make their own enquiries to The London Borough of Islington.
Service Charge £5,565 per annum
EPC Rating This property has been graded as D (79)
Description
The property is arranged over ground and two upper floors, consisting of internal meeting rooms, open plan working areas, kitchenette, and WCs.
There is a shared outdoor terrace located at the rear of the ground floor.
The property benefits with 2 x secure car parking spaces, located behind a gated entrance.
Proposal
The property is owned & occupied by Islington Centre for English (https://letslearnenglish.org/) and is available by way of a sale & leaseback (terms to be agreed), or with vacant possession, subject to 3 months' notice.
Guiding offers in excess of £925,000, reflecting a low capital value of £512 per sq. ft. (NIA), Subject to contract and exclusive of VAT.
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