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Goodsir Commercial

Goodsir Commercial

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    277 City Road

    City Road, Islington
    London, EC1V 1AB

    Use Class E(b)

    1,760 sq ft

    £60,000

    Use Class

    E(b)

    Size

    1,760 sq ft

    Rent pa

    £60,000

    Marketed by Goodsir Commercial

    Last updated 15/11/2017
    Restaurant/Bar (A3/A4)

    Key Points

    •  A3/A4 use
    •  1,760 sq.ft
    •  £60,000 per annum exclusive
    •  Premium £110,000
    •  Affluent area
    •  High density of residential
    •  New FRI lease available
    •  Close to both Shoredith and Angel
    The property consists of 1,760 sq.ft of commercial space split over the ground floor and basement. The ground floor is
    currently being used as a restaurant (A3 use) and the basement is being used as a bar/club (A4 use). The restaurant has a
    fully fitted kitchen and extraction system as well as an outdoor seating area for customers at the front (City Road side).
    The property is available on a new FRI lease on the current lease terms and the current passing rent of £60,000 pax.
    The property is located on City Road in Between Angel and Old Street underground stations. The shop is serviced by
    numerous bus routes whilst also being within walking distance from both tube stops. The area has seen huge development
    over the past years with the Lexicon, Eagle and Canaletto buildings completing and also 250 City Road and the Atlas
    schemes estimated to be finished within the next 2 years. This has massively increased the housing density of the area as
    well as changing the demographic to being more affluent house buyers.

    Use Class

    A3

    Tenure

    Leasehold

    Viewing

    Strictly by appointment.

    Financial

    Lease Type

    New Lease

    Lease Term

    A new FRI lease is available at the current passing rent

    Legal

    Each party to be responsible for their
    own legal costs.

    Rent

    To be confirmed

    Costs

    Each party is responsible for their own legal and other professional costs incurred in the transaction.

    Service Charge

    To be confirmed

    Sustainability

    Energy Performance Certificate Information

    Available upon request

    Last Updated

    15/11/2017

    Misrepresentation Notice

    All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

    All data ©2021 Completely Property Technology Limited

    Goodsir Commercial

    Goodsir Commercial

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