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3 bedroom mixed use for sale

138 Albion Road, Stoke Newington, London N16

Removed £800,000

Property Description

Key features

  • For sale by auction
  • Mixed Use
  • Bedrooms: 3
  • Reception Rooms: 2

Full description

Tenure: Freehold

Lot 195 - This lot is for sale by auction as lot 195 on 15th December 2016.

A Well Located Freehold Mid Terrace Building

- Internally arranged to provide a Ground Floor Retail Unit (Use Class A1) together with Basement Storage and a Self-Contained First and Second Floor Maisonette providing Four Bedroom Accommodation
- Retail Unit subject to an Occupancy
- Maisonette Vacant
- The maisonette offers possible potential to sub-division subject to obtaining all necessary consents
- Close to Clissold Park and Stoke Newington Church Street

BY ORDER OF LPA RECEIVERS


Tenure
Freehold.

Location
The property is situated on the east side of Albion Road (B104), opposite its junction with Carysfort Road. A variety of local shops, coffee shops and amenities is available along Albion Road and Stoke Newington Church Street. Regular bus services run along Albion Road. Stoke Newington and Canonbury Rail Stations are approximately 0.9 miles to the north and 0.8 miles to the south respectively. The B104 provides access to the A10 and in turn the A406 (North Circular Road), M1, M11 and M25 Motorways. The open spaces of Clissold Park, Clissold Leisure Centre, Betty Layward Primary School and Stoke Newington School and Sixth Form are all within close proximity.

Description
The property comprises a mid terrace building arranged over basement, ground and two upper floors beneath a flat roof. Internally, the property is arranged to provide a ground floor retail unit with basement storage together with a self-contained first and second floor maisonette.

Accommodation
The property was not fully inspected or measured by Allsop. The following information was obtained from a valuation report. We are informed that the property provides

Tenancy
The receivers understand the retail unit is occupied by the Borrower.

Planning
Local Planning Authority London Borough of Hackney.Tel 0208 356 3000.The maisonette may afford possible potential to split into two self-contained flats, subject to obtaining all consents. Prospective buyers are deemed to make their own enquiries in this regard.

To View
The property will be open for viewing every Tuesday before the Auction between 11.00 - 11.30 a.m. and Thursday before the Auction between 1.30 - 2.00 p.m. These are open viewing times with no need to register. (Ref UD).

Seller's Solicitor
Messrs Shoosmiths LLP (Ref Aaron Harlowe).Tel 03700 864219.Email aaron.harlowe@shoosmiths.co.uk

Part Vacant


Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at www.auction.co.uk. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.


Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Allsop , Auction on 0207 494 3686.


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