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Lot 20 Click here for addendum

In same family ownership for over 30 years
By order of executors

Situation

Occupying a prominent trading position in this sought after commercial and residential centre, amongst a host of local traders.
Stamford Hill is a desirable north London suburb approx. 5 miles from central London, benefitting from good transport links via the North Circular Road and Stamford Hill Station (Overground Line). In addition, it is less than 2½ miles from Tottenham Hotspur Stadium, the hub of the Northumberland Redevelopment Project.

Property

A mid-terrace building comprising a Ground Floor Shop (formerly used as a butcher) with Ancillary Accommodation at basement, first and second floor levels. In addition, there is a 6ft Forecourt.

Accommodation

Ground Floor Shop
Gross Frontage 16'11"
Internal Width 15' 6"
Shop Depth 15' 2"
Built Depth 52' 3"
WC
GIA Approx. 655 sq ft
Basement
GIA Approx. 390 sq ft
Plus Vaults 5'6" x 16'0" (max)
First Floor
2 Rooms & Bathroom GIA Approx. 450 sq ft
Second Floor
2 Rooms GIA Approx. 375 sq ft

Total GIA Approx. 1,870 sq ft

VAT is NOT applicable to this Lot

Freehold offered with Vacant Possession

Note 1: The property may be suitable for conversion to office/residential use, together with the addition of a third floor, all subject to obtaining the necessary consents.

Note 2: 6 Week Completion.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

44 Oldhill Street, Stamford Hill, London N16 6NA