Auction House London

Lot 64

 

482 Caledonian Road

Holloway, London, N7 9RP

Sold for £890,000.

A Commercial and Residential Investment Part Let Producing £47,400 per annum

Description

Tenure

Freehold

Location

The property is situated on an established parade on Caledonian Road in the North London area of Holloway. Transport links are provide by Caledonian Road underground station (Piccadilly line).

Exterior

The property benefits from a garage.

Description (2nd Column)

The property comprises a basement & ground floor lock up shop with six self contained flats above situated within a mid terrace building arranged over basement, ground and three upper floors.

Viewing Details

Monday 1st September 09:30-10:30
Monday 8th September 09:30-10:30
Thursday 11th September 14:00-15:00
Monday 15th September 09:30-10:30

Bold Black Text

Current Rent Reserved £47,400 per annum



Addendum

Amended Guide Price: £850,000+

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Shop Ground
Basement
Shop Area Measuring 18ft x 11ft
Basement Area Measuring 18ft x 11ft
Vacant (Previously let at £1,000 pcm) Perviously let at £12,000 p.a
Flat 1 First Studio Flat Assured Shothold Tenancy for a term of 6 months commencing April 2014 at a rent of £650 per calendar month £7,500
Flat 2 First Studio Flat Assured Shothold Tenancy for a term of 6 months commencing April 2014 at a rent of £650 per calendar month £7,500
Flat 3 Second Studio Flat Assured Shothold Tenancy for a term of 6 months commencing April 2014 at a rent of £650 per calendar month £7,500
Flat 4 Second Studio Flat Assured Shothold Tenancy for a term of 6 months commencing April 2014 at a rent of £650 per calendar month £7,500
Flat 5 Third One Bed Flat Assured Shothold Tenancy for a term of 6 months commencing April 2014 at a rent of £900 per calendar month £10,800
Garage Ground Garage Area Assured Shothold Tenancy for a term of 6 months commencing April 2014 at a rent of £550 per calendar month £6,600

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 info@auctionhouselondon.co.uk

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