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Lot 2

Freehold Vacant Shop, Flat and Large Garage with potential for Residential Development
In the same ownership for over 60 years
6 week completion

Situation

Located off Parkhurst Road via Chambers Road, in a retail parade (where a number of the commercial units have been converted to residential use), within easy walking distance of the shopping and transport facilities on Holloway Road.
The property is conveniently located for Camden, Kentish Town, Islington and Arsenal's Emirates Stadium, being approximately 3 miles north of Central London.

Property

A mid terrace building in need of modernisation comprising a Ground Floor Shop and Basement with separate front access to a Self-Contained Flat on first and second floors.
In addition, the property includes a Large Garage which is accessed via a rear service road and a Rear Garden.

Accommodation¹

Ground Floor Shop
Gross Frontage	20'0"
Shop Width	14'4" (max)
Shop Depth	27'1"
Built Depth	37'4"
GIA	Approx. 569 sq ft
Basement
GIA	Approx. 543 sq ft
First & Second Floor Flat
2 Bedrooms, Living Room,
Kitchen, Bathroom, sep. WC
GIA	Approx. 1,046 sq ft
Total GIA	Approx. 2,158 sq ft
Plus Garage 25'6" × 17'3" (GIA Approx. 440 sq ft)

¹Areas supplied by Vendor.

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note: There is potential to convert the Shop and Basement and the Garage into Residential Use, similar to neighbouring properties, subject to obtaining the necessary consents.

Click here to view the floor plans of the property

VIdeo TOUR

Click here to view the video tour of the shop.

Click here to view the video tour of the flat.

London N7

*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.

4 Cardwell Terrace, Holloway, London N7 0NH