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Northway House1379 High Road,London,N20 9LP

4,931 sq. ft. | £110,947 pa| £9,246 pcm

Property Description

Commercial information

  • 4,931 sq ft (458 sq m)

Key features

  • New office development
  • Landmark building
  • Completion Autumn 2016

Full description

LOCATION
This landmark building is situated on the west side of the High Road (A1000) and is within easy walking distance of Totteridge & Whetstone Underground Station (Northern Line). The area is well served by restaurants and food stores including Waitrose and Marks & Spencer. Good road communications are afforded, with the M25 and M1 Motorways, A1 and A406 (North Circular Road) all within close proximity.

ACCOMMODATION
This 1970s landmark building is undergoing a major refurbishment to create 148 high-class apartments together with six office suites and one D1 (day nursery, clinic, educational) unit.

Suites ranging in size from 1,334 sq ft to 24,666 sq ft GIA approx arranged over three levels will be provided (see schedule attached) with provision for a total of 13 car parking spaces plus one disabled and 26 cycle store.

Practical completion is scheduled for late Autumn 2016 and will be completed to a shell and core ready to accept occupiers' fit-out.

LEASE
A new effective full repairing and insuring lease(s) to be granted for a term by arrangement subject to upward only rent reviews at five yearly intervals.

RENT
Equating to 22.50 per sq ft per annum exclusive plus VAT.

Alternatively:

FOR SALE
A lease to be granted for a term of 999 years at a peppercorn ground rent.

PRICE
Equating to 335 per sq ft plus VAT.

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

VIEWING
Strictly by appointment through sole agents.


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