Top definition
The name of a squat currently located in south London. The name is derived from a combination of the words 'squat' and 'Hollyoaks,' (a popular UK soap opera). Home to twelve of the Earth's coolest and most physically attractive people, The Guardian newspaper famously deemed Squallyoaks "an epicenter of underground cool."
Last time I went to a party at Squallyoaks I was in a K-hole for the next four days.

No way. Don't they have a pond in their bath?

Yeah. And an impressive collection of chicken carcasses.
by Slutever November 29, 2008
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