Income‑producing barber unit near Barnsbury and Kings Cross transport.
Prominent high‑street frontage with good passing footfall
Compact retail unit approximately 413–414 sq ft (small)
Currently let as barber shop: 5‑year lease at £16,000 pa (income producing)
Quoted unexpired lease: c.125 years remaining
Reported yield around 6.96% on current rent
Modern internal fit‑out, plumbing and lighting in place
Limited uplift potential due to small size; suits local services
Confirm leasehold/tenure details and service liabilities in diligence
This compact high‑street retail unit on Caledonian Road offers a straightforward investment in a busy Islington parade. The ground‑floor shop extends to about 413–414 sq ft, currently fitted and let as a barber shop, providing immediate income under a 5‑year lease at £16,000 pa.
Location is the core strength: prominent pavement frontage, steady passing footfall in a multicultural, inner‑city neighbourhood with excellent transport links to Barnsbury, Caledonian Road and Kings Cross St Pancras. Nearby amenities, schools with good/Outstanding Ofsted ratings and an affluent local profile support long‑term demand for retail or local services.
The long unexpired lease (reported at 125 years remaining) and a current quoted yield of c.6.96% suit investors seeking a low‑management, income-producing asset. The unit’s modern fittings and plumbing mean minimal immediate capital required to continue the barber use or re-let to a similar operator.
Buyers should note the property’s small size (c.413–414 sq ft) limits uses and rental uplift potential compared with larger high‑street units. Crime is average and broadband speeds are only average — factors more relevant to certain occupiers. Tenure details should be confirmed during due diligence.
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