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Floorplan
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    Key features

    • To be offered on Tuesday 21 October
    • A mid terrace lower ground, ground and 2 upper floors commercial premise
    • Development potential to convert into 2 dwellings (subject to the requisite consents)
    • Plans have been drawn up for 2 x maisonette flats (1 x two bedroom & 1 x three bedroom)
    • Asset management potential in its current use
    • An approx. 2,838 sq ft
    • Archway Station an approx. 0.2 miles from the the property
    • No VAT on sale price
    • 8 weeks completion available
    • Vacant

    Description

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    A freehold mid terrace property situated across lower ground, ground, 1st and 2nd floors. The property was previously used as a commercial premise and offers asset management potential to be rented out in its current use or development potential to be converted into multiple dwellings (subject to the requisite consents).

    The property benefits from two access points at the front of the property and the upper floors already have self-contained access via a separate door. The lower ground floor also benefits from natural light via sky light windows at the rear of the property which is built into the back yard.

    Plans have been drawn up to convert the property into 2 x maisonette flats. A 3 x bedroom flat at lower ground & ground floor and a 2 x bedroom flat at 1st & 2nd floor.

    The street is a mixture of residential and commercial premises which are mainly occupied by a wide range of boutique and independent retailers.

    Additional information

    Tenure

    Freehold

    Accommodation

    An approx. GIA of 2,838 sq ft

    Please refer to floor plan

    Tenancy

    Vacant

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. Prospective purchasers must reply upon their own enquiries prior to bidding. Please refer to the legal pack.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is located on the East side of Junction Road between the junctions of Pemberton Gardens and Francis Terrace.

      Archway Station - an approx. 0.2 miles

      Tufnell Park Station - an approx. 0.4 miles

      Upper Holloway - an approx. 0.4 miles

      Transport

      Tufnell Park and Arch way station - Underground services

      Upper Holloway - Overground services

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •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.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •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.

      Addendums