8 November 2022: Tuesday 08 November 2022 - 9:00am
Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • Withdrawn due to missing legal pack information
    • Investment let at £40,000 p.a.
    • Upper Floor sold off on a long lease.
    • Lies at the superior eastern end of Chapel Market.
    • Market trades six days a week (Tuesday – Sunday).
    • Approx. Gross Internal Area 65 sq m (700 sq ft) plus rear yard of approximately 15 sq m (160 sq ft)

    Description

    The unit is set out over ground floor only and is largely open plan with a staff WC to the rear.

    The property was previously used as a Fishmongers and benefits from an enclosed rear patio which comprises two large walk-in chillers. The maximum width of the unit is 4.2 metres with a depth of 16.5m.

    Additional information

    Tenure

    Freehold.

    Upper floors sold off on Long lease.

    Accommodation

    Please note that the floor areas have been provided by the vendor and the property has not been inspected by Savills


    Ground Floor - Approx. GIA 65 sq m (700 sq ft)

    Enclosed Rear Patio - Approx. 15 sq m (160 sq ft)


    Tenancy

    57 Chapel Market

    • Let to Square Bubbles (Angel) Limited
    • Investment let at £40,000 p.a.
    • 5 year lease from 21/03/2022 (Reversion 20/03/2027)

    Planning

    From informal enquiry of the London Borough of Islington we have established that the property is not listed but lies within the ‘Chapel Market & Penton Street Conservation Area’.


    Rent

    £40,000 p.a.

    Notes

    Joint Auctioneer

    Panayiotis Themistocli

    panayiotis.themistocli@agg.uk.com

    M: 07973 856 232


    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.

      • View Virtual Tour

        Play

      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

      Please select a time from the options below

      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 unit fronts Chapel Market, approximately 250 metres west of Liverpool Road within the London Borough of Islington.

      The premises forms part of Chapel Market’s mixed retail and leisure circuit.

      The amenities of The Angel Shopping Centre and Upper Street are within very close proximity.

      Nearby nationwide occupiers include:- M&S, Waitrose, Sainsbury’s, Iceland, McDonalds, Stonegate, Superdrug, Costa Coffee and JD Sports.

      Transport

      Underground - Angel (Northern)

      Legal documents

      Login to view legal documents

      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