The affluent and highly fashionable North London Borough of Islington lies immediately north of the the City of London and is home to the famous Saddler’s Wells Theatre, Highbury Fields and the popular Upper Street. The property benefits from being some 900 metres south of Arsenal FC's Emirates Stadium and concert venue.
The affluent and highly fashionable North London Borough of Islington lies immediately north of the the City of London and is home to the famous Saddler’s Wells Theatre, Highbury Fields and the popular Upper Street. The property benefits from being some 900 metres south of Arsenal FC's Emirates Stadium and concert venue.
Tenure
Freehold.
Description
The property comprises a Public House accommodation on the ground floor with ancillary accommodation in the basement and a self contained House in Multiple Occupation (HMO) on the first floor comprising 4 studio bedrooms, each with en-suite facilities that share a separate kitchen.
The property does not appear as listed on the Historic England website and does not appear to be listed as an Asset of Community Value on the London Borough of Islington website.
VAT
VAT is applicable to this lot.
EPC
Public House = Band C
For Residential EPC's see legal pack
Description
The property comprises a Public House accommodation on the ground floor with ancillary accommodation in the basement and a self contained House in Multiple Occupation (HMO) on the first floor comprising 4 studio bedrooms, each with en-suite facilities that share a separate kitchen.
The property does not appear as listed on the Historic England website and does not appear to be listed as an Asset of Community Value on the London Borough of Islington website.
VAT
VAT is applicable to this lot.
EPC
Public House = Band C
For Residential EPC's see legal pack
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Income p.a.
Reversion
Ground/Basement
Public House
-
-
INDIVIDUAL
5 years from 01/07/2025
£85,384
30/06/2030
First Floor
4 Studios flats
-
-
INDIVIDUALS
Room 1, 2 and 4 are occupied under separate licenses. Room 3 is let on an Assured Short Tenancy.
£51,300
Total Approximate Floor Area
310.00
(3,336)
£136,684
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.
