Freehold High Street Retail and Residential Investment
Comprises retail unit and self contained flat on the upper floors
Entirely let to tenant trading as Angel Floors
Imminent asset management opportunities
Total approximate floor area of. 171.87 sq m (1,849 sq ft)
Busy and Affluent Islington Location
Situated within Chapel Market, approximately 300 metres from Angel Underground Station
Close to Angel Central Shopping Centre, with occupiers including Uniqlo, H&M, Mango and Hotel Chocolat
Nearby occupiers include M&S, Iceland, Subway, McDonald’s, Greggs & Sports Direct
VAT free investment
Lot 21
Auction 29th October 2026
Rent £45,000 per Annum Exclusive Reversionary Lease Agreed at £50,000 pax. (1)
Status Available
Guide* £750,000+
Sector High Street Retail, Residential
Auction Venue Live Streamed Auction
Property Information
Location
Miles
0.75 miles east of King's Cross, 1 mile north west of The City
Roads
A501, A1, A406, M1
Rail
Angel Underground Station - Northern Line (Zone 1)
Air
London City, London Heathrow, London Stansted and London Gatwick Airport
Situation
Islington is a highly fashionable and popular London location. The property is prominently situated on the south side of the busy Chapel Market, a well-established retail and leisure destination hosting the well known street market 6 days a week and approximately 300 metres from Angel Underground Station (Northern Line). Angel Central Shopping Centre is also nearby (200 metres) and is home to occupiers including Uniqlo, H&M, Mango and Hotel Chocolat. Nearby occupiers on Chapel Market include M&S, Iceland, Subway, McDonald’s, Greggs & Sports Direct.
Tenure
Freehold.
Location
Miles
0.75 miles east of King's Cross, 1 mile north west of The City
Roads
A501, A1, A406, M1
Rail
Angel Underground Station - Northern Line (Zone 1)
Air
London City, London Heathrow, London Stansted and London Gatwick Airport
Situation
Islington is a highly fashionable and popular London location. The property is prominently situated on the south side of the busy Chapel Market, a well-established retail and leisure destination hosting the well known street market 6 days a week and approximately 300 metres from Angel Underground Station (Northern Line). Angel Central Shopping Centre is also nearby (200 metres) and is home to occupiers including Uniqlo, H&M, Mango and Hotel Chocolat. Nearby occupiers on Chapel Market include M&S, Iceland, Subway, McDonald’s, Greggs & Sports Direct.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with residential accommodation on the first and second floors.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with residential accommodation on the first and second floors.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground First/Second
Retail Residential
78.87 93.00
(848) (1,001)
INDIVIDUALS t/a Angel Floors
A term of years until 24/12/2026 (1)
£45,000
Total
171.87
(1,849)
N.B. The commercial floor areas stated above are those published by the Valuation Office Agency, the residential floor areas are those published in the EPC. (1) A reversionary lease has been agreed for a term of 10 years, with no break options and an open market rent review at year 5 at a commencement rent of £50,000 per annum and will be granted outside of the security of tenure provisions of the Landlord and Tenant Act 1954
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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