Halliford Street, London, N1

We are pleased to bring to market this excellent investment opportunity. The property is a commercial property on the ground floor and basement of this corner building. The building has a brick and render façade. The uppers are residential units. The ground floor is 87 sqm / 938 sq ft, and the basement is 75 sqm / 810 sq ft, totalling 162 sqm / 1,748 sq ft.

The unit is let under a single tenancy to a Wine bar, trading as Goodbye Horses & a coffee shop trading as Day Trip Coffee, for 15 years from 16/03/2023 at £45,000 p.a. with rent reviews in March 2028 and March 2033.

Key points:
- Long leasehold
- Total approx. area is 162 sqm / 1,748 sq ft
- Price: £630,000 + vat
- Rental income of £45,000 p.a.

Location:
The property is in the affluent London Borough of Islington, North London, at the intersection between Halliford Street and Elizabeth Avenue. Islington is located 2.2 miles north of the City of London, 2.9 miles east of Camden Town and Regents Park and 4.3 miles west of the Olympic Park in Stratford.

The building occupies a prominent corner position in a predominantly residential area. Halliford Street intersects with Essex Road (A104) to the north which runs south west towards Islington Green and north towards Highbury & Islington via Canonbury Road (A1200).

Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.