N1 132-134 Essex Road, Islington, London

The subject property comprises of a ground floor retail unit measuring approximately 2,497 sq ft situated within a mid-terrace masonry building that extends over 4 floors. The double fronted retail unit benefits from glazed frontage of approximately 16 feet on Essex Road. The upper parts (floors 1-3) have been sold off on a long lease of 125 years from 29 September 1998 with a peppercorn ground rent payable to the freeholder. The premises is currently let to Niza Enterprises Ltd for a term of 10 Years from June 2018 by way of assignment from CO-OPERATIVE GROUP Ltd. The assignment is subject to an AGA. There is an unexpired term of 6 years remaining with a review in June 2023.

The property is located . Essex Road Rail Station is less than a 5 minute walk away with Highbury & Islington being within approximately 8 minutes. Essex Road is a busy local parade with a mix of both national and local occupiers. The area is well served by public transport with numerous bus routes serving the immediate area.