Prime Islington Retail Investment Sold

Kingsbury were appointed by the private family to advise on the sale of a prominent restaurant and retail investment on Upper Street, which provides one of the most popular retail and leisure destinations within North London.

The property comprised a bakery and family run restaurant on the ground floor with the residential flats above sold off on long leaseholds.

A comprehensive marketing campaign was undertaken in order to maximise value, and following a number of offers being made by a wide range of potential suitors, terms were agreed and contracts exchanged achieving a 4.7% NIY yield for the investment. Completion of the transaction took place 5 days later.

Please get in touch with us if you are considering a sale of your investment opportunity on 020 7183 2529.



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  • Sale
  • Sold for £2,770,000
  • 79 Upper Street London N1 0NU
  • Investment
  • Retail and Restaurant Investment
  • Income of £140,950 per annum
  • Prime Upper Street location
  • Potential for development S.T.P.P.

“

Kingsbury’s track record with these types of office buildings speaks for itself, and this experience was apparent when advising us on the most beneficial route to take to achieve a sale

Director

Private Client