Lot 34
£2.575M+ Guide price
Palace Mansions
494-522 Muswell Hill Broadway, Muswell Hill, London
N10 1BT
First time on the market for over 50 years. An attractive and rarely available unbroken parade of seven lock-up shop units, seven self-contained mansion flats (four sold on lease, three let) and four lock-up garages located in the Muswell Hill Conservation Area. Investment let at £176,465 per annum.

THERE IS NO NEED TO CALL THE AUCTION OFFICE TO PRE-BOOK OR CONFIRM ATTENDANCE.
EACH VIEWING WILL LAST 20 - 30 MINUTES.

Open viewings on
By Order of The Executors
Tenure
Freehold.
Location
  • Muswell Hill is a desirable and affluent suburb of North London with a population of some 27,000
  • The property is prominently situated on the junction of Muswell Hill Broadway and Muswell Road in the Muswell Hill Conservation Area
  • An excellent selection of shopping facilities is available locally on The Broadway, along with various cafés, bars and restaurants that serve the surrounding residential population
  • Recreational facilities can be found close by at Alexandra Park and Alexandra Palace, whilst Highgate Wood and Queen’s Wood are also a short distance away
  • Nearby transport links are available via the A504 and A406
Highgate (Northern Line)
Alexandra Palace
Description
  • A late 19th century purpose built block
  • Unbroken parade
  • 7 lock-up shops with basements
  • 7 mansion flats
  • Communal entrance
  • 4 lock-up garages
  • Conservation Area location
  • Communal gardens
Total Current Rent £176,465 per annum
Accommodation and Tenancies

For a Schedule of Accommodation and Tenancies see link opposite.

Viewing
Please refer to our website savills.co.uk/auctions
Note
Please note rent reviews are outstanding on several of the shops.

Ready to bid?

See our buyers guide to find out what to do next.

Text highlighted in orange is a change to the original publication.


  1. Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.
  2. The reserve price is the minimum price at which the property can be sold.
  3. Both the guide price and reserve price may be subject to change up to and including the day of the auction.
  4. For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

Please note that all prices listed, whether prior to or post auction, are subject to contract.

The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

 
 
 

Important Auction Information & Conditions

General Enquiries

London & National Auctions
+44 (0) 20 7824 9091