Lot 11 - 28 Chapel Market, London, N1 9EN

  • Unconditional Online Auction Sale
  • Guide Price* : £1,650,000
  • Bedrooms: 4

Ground Floor Shop Plus Outbuildings With Two Flats Above Over Three Storeys Total Rental Income Of £115,700 Per Annum


Description

Ground floor shop plus out building and two flats above over three storeys with a total income of £115,700 per annum

Ground floor shop is currently vacant with the potential income of £5,000 per calendar month totalling £60,000 per annum

First floor one bedroom flat
£1,843 per calendar month
£22,100 per annum
One months notice can be given to tenant

Second floor three bedroom maisonette
£2,800 per calendar month
£33,600 per annum
One months notice can be given to tenant

Totalling £115,700 per annum

Tenure

Freehold

Accommodation

Ground Floor
Shop and outbuildings

First Floor
One bedroom flat

Second Floor
Three bedroom maisonette

Location

Located in a busy area of Angel. There are plenty of shops, eateries, supermarkets and Angel Shopping Centre within walking distance. Angel Tube Station (Northern Line) is a 7 minute walk. There is a market on the street outside so it has a busy footprint.

Tenancy

Ground floor shop and outbuildings potential income £60,000 per annum
One bedroom flat £22,100 per annum
Three bedroom maisonette £33,600 per annum

Totalling £115,700 per annum

Sector

Mixed Use

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Loading the bidding panel...

Agreement Documents

Legal Documents

Log in to view legal documents

Share