Let to Iceland Foods Limited until September 2031 (no breaks)
Triple Fronted Convenience Store
Approx. floor area 1,132.8 sq m (12,193 sq ft)
Prominent and Busy Inner London High Street location
Close to Stoke Newington, Rectory Road and Dalston Kingsland Overground Stations
Neighbouring occupiers include Costa Coffee, Sports Direct, Sainsburys, KFC, Franco Manca and Pret A Manger
Lot 28
Auction 30th October 2025
Rent £131,675 per Annum Exclusive
Status Available
Guide* £1,800,000 - £1,900,000
Sector Supermarket/Convenience
Auction Venue Live Streamed Auction
Property Information
Location
Miles
4 miles north of London
Roads
A10, A503, M1
Rail
Stoke Newington (Zone 2 - Weaver line Overground), Rectory Road (Overground), Dalston Kingsland (Zone 2 - Mildmay line Overground)
Air
London City Airport, London Heathrow Airport
Situation
The property is situated in a prominent trading position on the eastern side of the busy Stoke Newington High Street (A10). Stoke Newington High Street (A10) is the major neighbouring thoroughfare from the City of London to Cambridge via North London. Neighbouring occupiers include Costa Coffee, Sports Direct, Sainsburys, KFC, Franco Manca and Pret A Manger.
Tenure
Virtual Freehold. Held for a term of 999 years at a fixed peppercorn rent.
Location
Miles
4 miles north of London
Roads
A10, A503, M1
Rail
Stoke Newington (Zone 2 - Weaver line Overground), Rectory Road (Overground), Dalston Kingsland (Zone 2 - Mildmay line Overground)
Air
London City Airport, London Heathrow Airport
Situation
The property is situated in a prominent trading position on the eastern side of the busy Stoke Newington High Street (A10). Stoke Newington High Street (A10) is the major neighbouring thoroughfare from the City of London to Cambridge via North London. Neighbouring occupiers include Costa Coffee, Sports Direct, Sainsburys, KFC, Franco Manca and Pret A Manger.
Tenure
Virtual Freehold. Held for a term of 999 years at a fixed peppercorn rent.
Description
The property comprises triple fronted ground floor retail accommodation with ancillary accommodation in the basement. The property forms part of a larger residential building.
The property benefits from the rear service entrance via Lawrence Buildings.
VAT
VAT is applicable to this lot.
EPC
Band D.
Description
The property comprises triple fronted ground floor retail accommodation with ancillary accommodation in the basement. The property forms part of a larger residential building.
The property benefits from the rear service entrance via Lawrence Buildings.
(1) For the year ending 28th March 2025, Iceland Foods Limited (CRN: 01107406) reported Turnover of £4,117,500,000 and Pre-Tax Profit of negative £900,000 and a Shareholders Funds of £707,300,000 (Source: Financial Statements as Published at Companies House 9/10/2025).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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