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Commercial Development for sale

141-143 High Street, High Barnet, EN5 5UZ

4,520 sq. ft. | £750,000

Property Description

Commercial information

  • 4,520 sq ft (419 sq m)

Full description

Tenure: Leasehold

LOCATION
The site is located on the western side (and to the rear) of the High Street on the corner of St Albans Road and is accessed off Bruce Road. Good road communications are afforded with Junctions 23 and 24 of the M25 approximately 2 miles to the North. High Barnet Underground Station (Northern Line) is within approximately 0.5 miles.

The Spires Shopping Centre and numerous multiples in the High Street, including Sainsbury's Waitrose, Boots, Starbucks, Costa Coffee, provide many amenities for staff.

PLANNING
PERMISSION
The site currently comprises a car park and rear service access to the retail units at 141-143 High Street.

Planning Permission has been granted for the erection of a 3-storey building constructed on columns that will allow the existing car park and service yard to be retained. The first, second and third floors will provide 420 m2 of offices (4,520 sq ft) currently divided into 2 self-contained suites. 17 car parking spaces plus a store for 12 cycles are shown, of which 15 are allocated to the retail units and flats above. Further reconfiguration of the car parking and provision of stackers, could provide up to 23 spaces. In addition there are a number of local authority car parks close by.

Planning Permission and plans can be downloaded here:
http://www.michaelberman.co.uk/downloads/141-143 High Street, Barnet

PRICE
750,000 for the benefit of 999 year lease at a peppercorn ground rent. The freehold interest may be available subject to the residential lessees not exercising their right of first refusal.

LEGAL COSTS
Each party to be responsible for their own legal cost incurred.

VIEWING
Strictly by appointment through sole agents.




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