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Astrale House, 13 Nether Street. North Finchley, London

Offers in Excess of
£5,250,000

£470.35 per sq ft

Business rates & charges may apply

Savills, Margaret Street- Development
SIZE AVAILABLE

11,162 sq ft

1,037 sq m

SECTOR

Land for sale

Key features

  • FREEHOLD ASSET SALE
  • An opportunity to acquire the freehold interest in a high-yielding property.
  • SECURE INCOME
  • The asset is subject to a 5-year lease, at a rent of £500,000pa.
  • ATTRACTIVE SPACIOUS FLOORPLATE
  • The property extends to approximately 11,162 sqft / 1,037 sqm (GIA).
  • DEVELOPMENT POTENTIAL
  • The site presents a variety of development opportunities subject to consents.
  • EXCELLENT CONNECTIVITY
  • Reaching Central London in just 30 minutes.

Description

Astrale House is configured to provide 40 ensuite bedrooms, a kitchen, staff room and office space across two floors, in which the first floor is served by a staircase and lift, providing a total floor area of 11,162 sqft / 1,037 sqm of accommodation (GIA).

The property also benefits from a large south facing garden to the rear and carriage driveway to the front, providing off-street parking.
The property is currently used as a sheltered accommodation (C2 use), and is subject to a 5-year lease, from February 2024.

Astrale House is located on Nether Street, North Finchley, in the London
Borough of Barnet.

North Finchley is a popular and established suburb of north London, which benefits from excellent amenities, green spaces and strong transport links across London.

Situated in London travel Zone 4, Woodside Park underground station is a short walk away (c. 1km) from the property and served by the Northern Line, providing regular services to Central London in c.25 minutes. Tally Ho main bus terminal is a few hundred metres away.

The neighbouring high street (Tally Ho Corner), provides residents with a variety of local amenities schools, cafes shops – including Waitrose, Tesco and Aldi, bars as well as the Arts Depot with its theatre, gallery and dance studio.

The property is in close proximity to a range of green spaces, including Friary Park, Dollis Valley Greenwalk, Finchley Golf Course and Stephens House and Gardens.

Brochures

Astrale House, 13 Nether Street. North Finchley, London

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Woodside Park Station0.4 miles
  • West Finchley Station0.5 miles
  • Finchley Central Station1.0 miles

About Savills, Margaret Street- Development

33 Margaret Street, London, W1G 0JD

Notes

These notes are private, only you can see them.

Disclaimer - Property reference DB7C2574-36FA-48CF-9144-F99E2D666A7E. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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, Margaret Street- Development. 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.

Map data ©OpenStreetMap contributors.

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