We are delighted to be appointed to sell the long leasehold (circa 999 years) interest in the ground and basement retail unit at 286 Upper Street, N1.
The unit is excellently located in the heart of Islington on popular Upper Street.
The property let to Mercer Clothing Limited, trading as albam, a boutique clothing company.
We are seeking unconditional offers in excess of £1,000,000 exclusive and subject to contract. At this level the purchase price reflects a net initial yield of 4.49% and a reversionary yield of 5.82% based on purchaser’s costs of 5.58%.
For full details please see: