Commercial Properties For Sale in North London
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A long leasehold (990 years) Ground floor commercial E class unit for sale which has previously traded as a Coffee/vape store with a separate office to rear of the property. The shop and the office has recently been refurbished to a very high and modern standard. Specification includes LED lighti...
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RARE FREEHOLD RESIDENTIAL INVESTMENT OPPORTUNITY - An unbroken block of 10 high specification apartments in Wood Green, N22
- Freehold ownership of an entire residential block comprising 10 apartments
- Estimated Rental Value of £275,800 per annum generating a G.I.Y of 5.5%.
- Located within the award-winning Frankum Mews development
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Modern office building, to be sold subject to existing tenancies (part vacant). Conveniently situated for the shopping and transport services at North Finchley, the offices benefit from air-conditioning, a communal kitchenette, a WC on ground and top floors and a parking space.
- 999 year Lease
- Investment Opportunity
- Part Let
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The plot is regular in shape and measures approximately 0.28 acres (0.11 ha) with the wider ownership extending to include land forming Sonderburg Road and car parking to the west of the building which has been adopted by the Local Authority. The building itself measures in the region of 1,162 sq m (12,513 sq ft) along with a 124 sq m (1,287 sq ft) basement situated towards the west. We understand that the property was originally constructed in the late 1960s. The building is of brick construction and extends up to 3 floors in part to the west along with a basement whilst to the rear building heights reduce to 2 and a single storey where there is also yard space along with storage and animal runs/kennels. There is an internal courtyard which provides natural light to the building.
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A circa 1920's built single storey industrial workshop/warehouse with later additions of offices to the front. Ancillary second brick built building/storage area on site, accessed by a shared driveway. External yard/loading area and parking. The property was reroofed some 20 years ago to a profile sheet system.
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64-66 High Street Barnet comprises a Tesco convenience store on the ground and lower ground floor levels while there are currently three vacant office suites arranged over the first and second floors via a staircase to the side. The lease to Tesco was renewed from 4 July 2022 expiring 24 April 2033 at a rent of £82,007 pax subject to an upward only rent review on 25 March 2028 . The property comprises an end terraced building. The upper floors would suit a variety of uses including medical. The offices require refurbishment. There are no parking spaces.
