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7-9 Islington Green 6,822 SF Retail Building London N1 2XH $8,537,026 CAD ($1,251.40 CAD/SF) 6% Cap Rate
Executive Summary
The property is let to Bellanger Brasserie (Mitchells & Butlers guarantee), with 10 years guaranteed income. The current passing rent is £300,000 per annum.
Our client is seeking offers in excess of £4.68m, reflecting a net initial yield of 6%. The property is held virtual freehold (999 years from 1998) at a peppercorn rent.
Our client is seeking offers in excess of £4.68m, reflecting a net initial yield of 6%. The property is held virtual freehold (999 years from 1998) at a peppercorn rent.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
6,822 SF
Building Class
B
Year Built
1900
Price
$8,537,026 CAD
Price Per SF
$1,251.40 CAD
Cap Rate
6%
NOI
$512,222 CAD
Tenancy
Single
Building Height
4 Stories
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- -
- 2,624 SF
- Office
- -
- Now
- -
- 2,658 SF
- Office
- -
- Now
- -
- 2,649 SF
- Office
- -
- Now
- -
- 2,648 SF
- Office
- -
- Now
- -
- 2,649 SF
- Office
- -
- Now
- -
- 2,638 SF
- Office
- -
- Now
East
West
- Ground
- 4,240 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| - | 2,624 SF | Office | - | Now |
| - | 2,658 SF | Office | - | Now |
| - | 2,649 SF | Office | - | Now |
| - | 2,648 SF | Office | - | Now |
| - | 2,649 SF | Office | - | Now |
| - | 2,638 SF | Office | - | Now |
| East | 1,212 SF | Office | - | Now |
| West | 1,403 SF | Office | - | Now |
| Ground | 4,240 SF | Office | - | Now |
-
| Size |
| 2,624 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
-
| Size |
| 2,658 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
-
| Size |
| 2,649 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
-
| Size |
| 2,648 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
-
| Size |
| 2,649 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
-
| Size |
| 2,638 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
East
| Size |
| 1,212 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
West
| Size |
| 1,403 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
Ground
| Size |
| 4,240 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
East
| Size | 1,212 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
East
West
| Size | 1,403 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
West
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7-9 Islington Green
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