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Lot 11

Vacant Showroom/Office Building
6 Week Completion

Situation

Located close to the junction with Thane Villas on this busy thoroughfare, directly opposite the recent Berkeley Group ‘The Cottonworks' development, nearby a Tesco Express, amongst a wide variety of independent retailers and within close proximity of Finsbury Park Station (Victoria & Piccadilly Lines and National Rail).
Finsbury Park is a popular, densely populated area, undergoing regeneration and development, located 4 miles north of Central London.

Property

A mid terrace building comprising a Ground Floor Showroom with internal access to Offices on the first floor.
The property includes a Parking Area for approx. 5 cars at the rear.

Accommodation

Ground Floor Showroom
Gross Frontage	26'7"
Internal Width	25'7" (max)
Shop & Built Depth	71'8"
2 WCs
GIA	Approx. 1,833 sq ft
First Floor Offices
GIA	Approx. 1,833 sq ft
WC
Total GIA	Approx. 3,666 sq ft

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 999 years (less 3 days) from 25th March 1987 at a fixed ground rent of £20 per annum exclusive.

Offered with Vacant Possession

Video Tour

Click here to view the video tour of the property.

*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.

144 Seven Sisters Road, Finsbury Park, London N7 7NS