Auction House London

Lot 28

Mixed Use - Commercial Property 

480 Holloway Road

Holloway, London, N7 6HT

Unsold, please refer to Auctioneer

A Commercial and Residential Investment Comprising a Shop and Two Self-Contained Three Bedroom Flats. Fully Let Producing £78,060 Per Annum

30th June Completion Available at Buyer's Request


The property comprises a mid terrace building arranged to provide a ground floor shop and 2 x three bedroom flats on the first and second floors. There is also a lock-up garage to the rear.




The property occupies a prominent position on Holloway Road adjacent to B&Q. Other nearby multiples include Superdrug and Carphone Warehouse. The Emirates Stadium (Arsenal FC) is a short walk away. Transport links are provided by Holloway Road underground station (Piccadilly line) and Drayton Park rail station.

Current Rent Reserved

Current Rent Reserved £78,060 per annum

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Shop Ground Retail Area, Kitchen/Storage, Office, WC Let to North London Furniture Solutions Ltd on a (new) 20 year FRI lease commencing 1.6.21 at a rent of £3,555 pcm. Reviews every 5 years. 10 year break. Tenant been in occupation for 16 years. £42,660
Flat A First Open Plan Reception Room/Kitchen, Three Bedrooms, Bathroom Let on an AST commencing 9.11.20 and expiring 8.5.22 at a rent of £1,550 pcm £18,600
Flat B Second Open Plan Reception Room/Kitchen, Three Bedrooms, Bathroom Let on a 12 month AST commencing 15.12.20 at a rent of £1,400 pcm £16,800

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at

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