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Caister House Garage, Roman Way, London, N7 8XL

Key features

  • Secure Underground Car Garage
  • Unique Opportunity
  • Offered with Full Vacant Possession
  • Opportunity to Create High Yielding Investment
  • Parking for Approx. 90 Vehicles
  • 20,545 sq ft
  • Potential Gross Income of £270,000 per annum



Auction Sale - 28/02/2024

Of Interest to Investors.

Rarely Available Central London B8 Warehouse / Car Garage Opportunity.

Currently a Secure Underground Car Park with Approx. 90 Spaces.

Opportunity to convert into Self storage facility.


The property comprises a secure underground basement garage/car park situated under Caister House a large apartment block with access via Bride Street leading from Roman Way there is a single ramped entrance and exit point. The property comprises approximately 20,545 square feet.

The property would be suitable for either its continued use for a high end car storage facility or, alternatively, as being used as a self-storage facility or other warehouse /storage uses.

Based on current parking rates in the area, we understand a gross income of £270,000 may be achievable. This is based on £3,000 per annum, per space.

The property would be suitable for either its continued use for a high end car storage facility or, alternatively, as being used as a self-storage facility.


The property is located on Bride Street near to Roman Way and Caledonian Road (A5203) and Holloway Road (A1).

The property also benefits from a number of bus routes and Caledonian Road underground station.


Caledonian Road (Piccadilly Line) - 0.3 miles




Approximately 20,545 sq ft

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Caister House Garage, Roman Way, London, N7 8XL

Approximate location


Distances are straight line measurements from the centre of the postcode
  • Caledonian Road & Barnsbury Station0.1 miles
  • Caledonian Road Station0.3 miles
  • Highbury & Islington Station0.5 miles
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About the agent

Savills Auctions, London

33 Margaret Street London W1G 0JD

Savills Auctions, London

Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.

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Disclaimer - Property reference 146-9476. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills Auctions, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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 Savills Auctions, London on 020 3909 6715.

*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.”

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