Auction House London

Lot 61

Land - Land 

Garages to the Rear of 90 Highbury Hill

Highbury, London, N5 1AP

Sold for £420,000.

A Site Comprising a Parade of Three Vacant Single Storey Lock-Up Garages. Suitable for Investment or Potential for Residential Redevelopment (subject to obtaining all relevant consents).

Description

Location

The properties form a terrace of three garages close to local shops and amenities and just a short walk from The Emirates Stadium (home of Arsenal FC). The site fronts Aubert Park but the title is part of 90 Highbury Hill. Transport links are provided by Arsenal underground station (Piccadilly line) and Drayton Park rail station both of which are are just a short walk away.

Tenure (2nd Column)

Freehold

Description (2nd Column)

The property comprises a roughly square site comprising three adjacent garages that have been unused since 2006. A feasibility study was undertaken by the seller which shows that there is potential to create a 3 bedroom dwelling on the site (subject to obtaining all relevant consents). The seller does not have permission to share this report.

Viewing Details

No internal viewings required. Development site

Addendum

In relation to the feasibility study referred to in the auction particulars, this was produced by an architect for the seller and they do not have permission to share it.

Please note that this property is subject to a Buyers Premium of £750 + VAT. This is in addition to the buyer's admin fee of £500 + VAT charged by the auctioneers.

Vendor

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.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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Enquire about Garages to the Rear of 90 Highbury Hill, Highbury, London, N5 1AP

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