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
Current Rent Reserved
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: £1,200 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.
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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. 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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