- 63 Islington Park Street, London, N1

New Instruction - For Sale: Impressive Mixed-use investment with attractive capital value and arranged over 5 floors in Prime North London.

This opportunity comprises a well-maintained mixed-use building spanning five floors. The property is fully let, with B Dental Limited occupying the ground and lower ground floor for a term of 20 years from 19th December 2017 until 18th December 2037 at a current rent of £58,750 per annum. This commercial lease supported via a strong covenant with B Dental Limited sitting within the BUPA Group of companies.

The upper three floors of the property are accessed via their own private entrance and comprising of three excellent self-contained lateral one-bedroom apartments, each occupying an entire floor. These properties have been successfully let out for a considerable number of years and currently produce an income of £63,600 per annum on AST’s. Combined the building is generating an income of £122,350 per annum.

This property offers excellent potential for those looking to invest in a mixed-use building in a sought-after area of London.

Islington Park Street is moments from Highbury & Islington Underground Station, and the ever-popular Upper Street with fashionable retailers, restaurants, bars and a rich arts and culture scene making it an extremely desirable location for both a residential and an investment standpoint.

The property is exceptionally well located in Prime Islington, offering a standout investment opportunity thanks to its proximity to Upper Street and the vibrant core of Islington. The building benefits from immediate access to a wide array of amenities, from fashion retailers, restaurants, bars, and a rich arts and culture scene.

Set in a superb central location, the property enjoys excellent connectivity with multiple transport links close, with stations such as Angel, Highbury & Islington, Caledonian Road, and Farringdon all within easy reach, commuting across Central London is both convenient and efficient.