Chapel Market, N1 £660,000

• 1,792 Sq. Ft. / 166.48
• Prominent Retail
• Income producing
• Freehold sale included

Freehold Mixed-Use Investment in Prime Chapel Market

An attractive Grade II listed freehold investment prominently positioned on Chapel Market in the heart of Islington. The building comprises a well-established retail unit arranged over the ground floor and basement, together with residential accommodation above, which has been sold off on a 999-year long lease.

The commercial element extends to approximately 1,227 sq ft on the ground floor and 565 sq ft in the basement, providing a total of 1,792 sq ft. It produces a total income of £45,500 per annum, with the retail lease running from January 2016 and the next rent review due in January 2031. The property offers a secure and well-balanced income stream, with strong long-term fundamentals in one of North London’s most established and characterful mixed-use locations. The tenant has occupied the premises since 1976, underlining the strength and stability of the trading position.

Chapel Market remains one of London’s most recognisable street market destinations, benefitting from excellent footfall, a strong local residential and commercial catchment, and close proximity to Angel Underground Station and King’s Cross St Pancras. The surrounding area offers an excellent selection of shops, cafés, restaurants and amenities, while Upper Street, the Business Design Centre and the wider Islington and Clerkenwell market are all within easy reach.

This is a rare opportunity to acquire a secure income-producing asset in a highly sought-after location, with attractive upside potential over time.