PROPERTIES

Everyman, Screen on the Green, 83 Upper Street, Islington N1 0NP

Price£2,250,000

PDF DETAILS

Everyman, Screen on the Green, 83 Upper Street, Islington N1 0NP

  • Price£2,250,000
  • Income£120,000
  • Yield5%
  • SectorLeisure
  • StatusAvailable
PDF DETAILS

Rare Opportunity to Acquire an Iconic London Venue in the Desirable Borough of Islington

Summary

  • The London Borough of Islington is one of London’s most established and affluent locations.
  • Located within 2 miles of London’s West End and 1.5 miles of The City of London
  • Prominently situated on Upper Street, adjacent to Islington Green
  • The Screen on the Green is an iconic venue within one of London’s most desirable commercial, residential and entertainment destinations
  • Let to the strong covenant of Everyman Media Ltd with an unexpired term of 13.70 years (without breaks)
  • Potential for significant refurbishment or redevelopment through adding massing, subject to planning permission
  • Freehold
  • Offers sought in excess of £2,250,000 (Two Million Two Hundred and Fifty Thousand Pounds), subject to contract and excluding VAT.
  • A purchase at this level would reflect a net initial yield of 5.00%, assuming standard purchaser’s costs.