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16 Chapel Mark 1,712 SF Retail Condo Unit Offered at $1,228,228 CAD in London N1 9EZ
Investment Highlights
- Prominent Location
- Established retailer nearby
- Great Transport Links
Executive Summary
16 Chapel Market is Grade II listed freehold property arranged over 5 floors with a well established school uniform retailer occupying the commercial element and a collection of residential apartments above.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
Ground floor and basement let to Rough Cut Casuals Limited, a well established school uniform provider in occupation.
Subject to a 25 year lease to Rough Cut Casuals Limited granted January 2016.
Subject to a 25 year lease to Rough Cut Casuals Limited granted January 2016.
Sale Notes
Rarely available Chapel Market Islington Freehold Investment - No VAT Payable Income £50,500 PA with a Gross Yield of 7.83%. The total income is £50,500 PA
Located on the popular and busy Chapel Market (one of London's last remaining authentic street markets)
Upper parts sold off on a 999 year long lease with a ground rent of £500 PA
Ground floor and basement let to Rough Cut Casuals Limited, a well established school uniform provider in occupation.
Excellent transport links with Angel Tube Station (Northern Line) 400m away and Kings Cross St Pancreas Station 1km
Subject to a 25 year lease to Rough Cut Casuals Limited granted January 2016.
Located on the popular and busy Chapel Market (one of London's last remaining authentic street markets)
Upper parts sold off on a 999 year long lease with a ground rent of £500 PA
Ground floor and basement let to Rough Cut Casuals Limited, a well established school uniform provider in occupation.
Excellent transport links with Angel Tube Station (Northern Line) 400m away and Kings Cross St Pancreas Station 1km
Subject to a 25 year lease to Rough Cut Casuals Limited granted January 2016.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit GRND & BSM | 1,712 SF | Retail | $1,228,228 CAD ($717.42 CAD/SF) | - |
Unit GRND & BSM
| Unit Size |
| 1,712 SF |
| Condo Use |
| Retail |
| Price |
| $1,228,228 CAD ($717.42 CAD/SF) |
| NOI |
| - |
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Unit GRND & BSM
| Unit Size | 1,712 SF |
| Condo Use | Retail |
| Price | $1,228,228 CAD ($717.42 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| Ground floor and basement let to Rough Cut Casuals Limited, a well established school uniform provider in occupation.<br> <br> Subject to a 25 year lease to Rough Cut Casuals Limited granted January 2016.</li></ul> | |
| Sale Notes | |
| Rarely available Chapel Market Islington Freehold Investment - No VAT Payable Income £50,500 PA with a Gross Yield of 7.83%. The total income is £50,500 PA<br> <br> Located on the popular and busy Chapel Market (one of London's last remaining authentic street markets)<br> <br> Upper parts sold off on a 999 year long lease with a ground rent of £500 PA<br> <br> Ground floor and basement let to Rough Cut Casuals Limited, a well established school uniform provider in occupation.<br> <br> Excellent transport links with Angel Tube Station (Northern Line) 400m away and Kings Cross St Pancreas Station 1km<br> <br> Subject to a 25 year lease to Rough Cut Casuals Limited granted January 2016.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,712 SF | Typical Floor Size | 634 SF |
| Property Type | Retail (Condo) | Year Built | 1936 |
| Property Subtype | Storefront | Tenancy | Single |
| Building Class | B | Lot Size | 0.04 AC |
| Floors | 5 |
| Total Building Size | 1,712 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 634 SF |
| Year Built | 1936 |
| Tenancy | Single |
| Lot Size | 0.04 AC |
Amenities
- Security System
- Storage Space
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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16 Chapel Mark
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