8 November 2022: Tuesday 08 November 2022 - 9:00am
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    Key features

    • To be offered on the 24th November auction
    • 4 vacant four storey plus basement terraced buildings located on a prominent corner position in Holloway. In need of modernisation
    • Development potential for a residential or mixed use scheme (subject to the requisite consents)
    • Potential to utilise Permitted Development rights (please refer to the planning report & subject to the requisite consents)
    • Further potential to add additional dwellings to the roof and rear of the property (Subject to the requisite consents)
    • Asset management potential to use the property in its existing commercial use.
    • An approx. 0.22 acres site (9,583 sq ft)
    • Existing Internal area 1,465 sqm (15,772 sq ft)

    Description

    The property is an unbroken parade of 4 Victorian buildings comprising of lower ground, ground and three upper floors. There is single storey modern extension to the rear of the property.

    The buildings were previously used as office and retail space and are all internally linked, with access to all floors provided by three main stair cores.

    There is a courtyard garden/yard to the rear of the property and an area to the front of the buildings on Holloway Road which was previously used for car parking

    Additional information

    Tenure

    Freehold

    Accommodation

    Please note that the floor areas have been taken from an external provider and the property has not been inspected by Savills.


    Basement 250.84 sqm (2,700 sq ft)

    Ground 380.92 sqm (4,100 sq ft)

    First 287 sqm (3,089 sq ft)

    Second 290.74 sqm (3,129 sq ft)

    Third 255.87 sqm (2,754 sq ft)


    Total space = 1,465.37 sqm (15,772 sq ft)


    Planning

    A planning report has been prepared highlighting the development potential of the site and can be viewed in the legal pack.


    For the avoidance of doubt the Planning review carried out; should not be relied upon; is for marketing purposes and does not constitute as approved planning. We ask all parties to undertake their own due diligence and planning enquiries for the site. We cannot accept responsibility to any third party for the whole or any part of its contents.


    Notes

    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.


    Joint Auctioneer

    GLPG

    Matt Glazer

    Email: matt.glazer@glpg.co.uk

    Phone: 07879 774 584



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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 in the North London district of Holloway. The area has undergone significant regeneration and boasts a range of independent cafes, drinking and easting establishments as well as new developments.

      The property is located on junction of Holloway Road and Mercers Road.

      Upper Holloway station - An approx. 0.4 miles from the property

      Tufnell Park Station - An approx. 0.8 miles from the property

      Transport

      Upper Holloway - Overground services

      Tufnell Park Station - Underground Services (Northern Line)

      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