98 White Lion St
1,807 SF 100% Leased Office Building London N1 9PF $1,167,929 ($646/SF)
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INVESTMENT HIGHLIGHTS
- A large external terrace at the rear
- Available by way of sale & leaseback or with vacant possession
- Excellent transport links with Angel underground station (Northern Line), approx. 200 metres away
- 2 x secure car parking spaces
- Virtual Freehold (962 years unexpired)
- Of interest to investors, developers &/or owner occupiers
EXECUTIVE SUMMARY
Virtual Freehold Office For Sale With Parking
The property is arranged over ground and two upper floors, consisting of internal meeting rooms, open plan working areas, kitchenette, and WCs.
There is a shared outdoor terrace located at the rear of the ground floor.
The property benefits with 2 x secure car parking spaces, located behind a gated entrance.
The property is owned & occupied by Islington Centre for English (https://letslearnenglish.org/) and is available by way of a sale & leaseback (terms to be agreed), or with vacant possession, subject to 3 months' notice.
Guiding offers in excess of £925,000, reflecting a low capital value of £512 per sq. ft. (NIA), Subject to contract and exclusive of VAT.
The property is arranged over ground and two upper floors, consisting of internal meeting rooms, open plan working areas, kitchenette, and WCs.
There is a shared outdoor terrace located at the rear of the ground floor.
The property benefits with 2 x secure car parking spaces, located behind a gated entrance.
The property is owned & occupied by Islington Centre for English (https://letslearnenglish.org/) and is available by way of a sale & leaseback (terms to be agreed), or with vacant possession, subject to 3 months' notice.
Guiding offers in excess of £925,000, reflecting a low capital value of £512 per sq. ft. (NIA), Subject to contract and exclusive of VAT.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Tenure
Long Leasehold
Building Size
1,807 SF
Building Class
B
Year Built
1959
Price
$1,167,929
Price Per SF
$646
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
602 SF
Building FAR
0.19
Lot Size
0.22 AC
Parking
2 Spaces (1.11 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Kitchen
- Demised WC facilities
- Air Conditioning
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