Lot 26 - 239 Liverpool Road, London, Islington, N1 1LX
- Unconditional Online Auction Sale
- Guide Price* : £600,000
- Bedrooms: 0
- Reception Rooms: 4
Landmark Auctions Are Pleased To Offer For Sale By Public Auction On : 15th February 2024
Description
Terraced period building comprising, ground floor shop with rooms on a raised ground floor, first and second floors and a basement. Also, a rear courtyard and outbuilding.
The property was renovated in 2018 with new double glazed windows, gas central heating, re-wiring, re-plumbing. This has given the shop a separate entrance to the rear offices planned on the rear ground, first and second floors.
All Class A1 usage.
Tenure
Freehold
Accommodation
Ground Floor
shop 10'8" x 24'9"
Basement
Area 14' x 22'
cellar area 30 sq ft
Rear outbuilding 192 sq ft
Raised Ground Floor
room one 10'3" x 11'1"
room two 10'7" x 8'10"
First Floor
front room 10'11" x 14'1"
rear room 8'11" x 10'7"
WC
Second Floor
room 13'3" x 18'9"
GIA approximately 1,796 sq ft including the outbuilding.
Location
This property is located between Highbury & Islington and Angel Tube Stations ( Northern Line). Close to the main shopping areas and Camden Passage. This a is busy, popular, residential area with plenty of independent shops, cafes, restaurants, pubs, leisure facilities, schools, colleges and green spaces.
Planning
Subject to usual planning consents.
According to The London Borough Of Islington, planning permission is not required for change of use from class A1 to Class A1 plus a single flat on upper floors. Strongly advise making your own enquires.
Tenancy
The shop is leased on a 5 year contract from August 2021.
The third anniversary rent is £17,000 then £18,000 from thereafter.
Rent is paid quarterly.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.