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Lot 5 Click here for addendum

Vacant Freehold Building

By order of Executors
6 Week Completion

Situation

Located in the centre of this well known residential area close to the main shopping on Upper Street and Camden Passage, being approx. ½ mile from Angel Underground Station (Northern Line).

Property

Forming part of a terrace of Period buildings believed to have been originally constructed as a shop with residential accommodation.
The property was renovated in 2018 (to include gas central heating, re-wiring, re-plumbing, new double glazed windows etc) to provide a Ground Floor Shop with separate front entrance to Offices planned on rear ground, first and second floor levels. In addition, there is a rear Courtyard and Outbuilding.

Accommodation

Gross Frontage 15'1”

Ground Floor
Shop 10'8” × 24'9”

Steps to Basement
Area 14'0” × 22'0”
Plus Cellar Area 30 sq ft

Raised Ground Floor
Rear Room 1 10'3” × 11'1”
Rear Room 2 10'7” × 8'10”

First Floor
Front Room 10'11” × 14'1”
Rear Room 8'11” × 10'7”
WC

Second Floor
1 Room 13'3” × 18'9”

Plus Rear Outbuilding 192 sq ft

GIA Approx. 1,796 sq ft incl. Outbuilding

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Planning

From 2012 to 2015 the shop was let and occupied as a grocers. From 2005 to 2012 the shop was used for video rentals.
From 2002 to 2016 the upper parts were let and occupied as offices.
According to the London Borough of Islington website Planning Permission is not required for change of use from Class A1 (Shop) to Class A1 (Shop) plus a single flat above - Click here to view Islington Council's website regarding Planning
Purchasers are to make their own enquiries.

Note: The Rateable Value is £20,900 by way of two assessments.

VIRTUAL TOUR
Click here to view the Virtual Tour of the property.

Due to Government Guidelines we will try to accommodate all viewing requests, but in the first instance you are advised to view the virtual tour where available and/or any internal images on the Particulars before requesting a viewing. Each viewing will be arranged for you for a specific period of time and you will be required to attend the viewing promptly and ensure gloves and a face covering are worn. Please observe social distancing while you are at the property and we will ensure that all doors will be open and lights switched on. If you are experiencing any Coronavirus symptoms then please do not attend the viewing as you will not be allowed access into the property.

Enquire about this lot:

JOINT AUCTIONEER:
Grovelands
Tel: 020 8731 9777& Ref: David Iny
davidiny@grovelands.net

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

239 Liverpool Road, Islington, London N1 1LX