Chapel Market, London, N1
Let agreed

3 baths | 1 receptions | £55,000 pa


***SHOP AND UPPERS*** This unique investment opportunity boasts a thriving commercial space on the ground floor and five DOUBLE bedrooms well-appointed residential flat above which covers the rent for the commercial will extra profit made on top, strategically located at Chapel Market in the vibrant heart of Islington minutes from Angel Underground Station. With a combined area of 2,351sq.ft. (1,203sq.ft commercial + 1,146sq.ft residential), this property caters to both commercial and residential investors seeking high-demand assets in a sought-after London location.

THE COMMERCIAL

On the ground floor, you'll discover the renowned Tagine Restaurant, an establishment specializing in authentic Moroccan cuisine providing a delightful atmosphere for patrons. The generous kitchen is well-equipped, ensuring efficiency in serving delightful dishes. The restaurant also includes convenient restroom facilities. Stepping down to the lower ground floor reveals an additional feature, a spacious cellar, ideal for storage or expansion possibilities as it's very spacious with high ceilings.

THE PROPERTY

Above the commercial you have a self-contained studio along with a very spacious 4 double bedrooms and 2 bathrooms fully licenced with a HMO.

Ascending to the first floor reveals a huge residential haven featuring two double bedrooms. The well-designed layout includes a fully-equipped kitchen, a bathroom with a shower, washbasin, and WC, offering a comfortable and modern living space.

Continuing upward to the second floor unveils another residential oasis. Two double bedrooms provide ample accommodation, complemented by a studio/1-bedroom unit with its own kitchen. This floor also features a bathroom with a bath over shower, washbasin, and WC, providing convenience and privacy.

THE LOCATION AND AMENITIES

Getting around London could not have got easier. This area offers convenient access to all types of amenities and is within easy reach of central London while retaining a considerable degree of exclusivity. Situated only a few minutes walk from Angel tube station (0.2 miles) and King's Cross Station (0.6 miles).

The property is surrounded by numerous cafes, restaurants and bars make this an exciting and highly desirable location. Within seconds you can find Traditional English pubs serving upscale gastro fare to well-heeled clients mix with some more cutting-edge offerings closer to Angel, Upper Street and King's Cross. It is this mix of traditional English charm with characteristic Islington internationalism that give the area much of its appeal.

Call us at your earliest convenience to arrange a viewing. Immediate interest is expected.

Think... Property Inc!

TO CONSIDER:

Commercial and Uppers Rent: £55,000.00 per annum (£4,583.33 a month)

Lease: Currently 8 years remaining

Premium: £130,000.00 including all fixtures and fittings

The huge benefit is that the flat above is tenanted and achieving £5200.00 a month which covers the rent for the building and extra profit.

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