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COMMERCIAL

High Road, London, N2

Offers in Region of
£1,100,000
Jeremy Leaf & Co, Residential Development
PROPERTY TYPE

Commercial Development

SIZE

Ask agent

Key features

  • Freehold development opportunity
  • Planning approved (ref 23/2049/FUL)
  • Shop let at £24,500 per annum

Description

An unbroken freehold building currently comprising ground floor commercial unit let to well-known charity Terapia at £24,500 per annum on a 6-year FRI lease from May 2024, a three-bedroom apartment on first and second floors, we are advised by the owner, is let under a rolling contract at £1,650 per month including bills i.e. £19,800 per annum.

Planning was approved on 30/9/2024 (ref 23/2049/FUL) for a mansard roof extension including front and rear dormers with terrace and part single/part two storey rear extension creating two additional flats. 

The property is situated in the heart of East Finchley approximately 150 metres from East Finchley (Northern Line) Underground Station, on many bus routes and close to affluent streets including The Bishops Avenue just over 300 metres away.

Multiple retailers close by include Sainsburys, Tesco, Iceland, Budgens, Costa Coffee, Caffé Nero, William Hill, Subway, and KFC complemented by smaller boutique stores and cafes.

Offers for the freehold interest in the region of £1,100,000 subject to existing occupations should be submitted to owners’ sole agents Jeremy Leaf & Co from whom further planning background, plans, EPC, etc are available upon request.

Viewing arrangements strictly by appointment only.

Brochures

Brochure 1

Energy Performance Certificates

EPC 1

High Road, London, N2

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • East Finchley Station0.1 miles
  • Highgate Station1.1 miles
  • Finchley Central Station1.5 miles

About Jeremy Leaf & Co, Residential Development

863 High Road London N12 8PT

Jeremy Leaf & Co. have been directly involved in the acquisition and disposal of over 100 sites of vacant or under-used land in North London and the home counties since the late 1980's and 90's on behalf of clients in both the private and public sectors. The land has a total current value of over £90million. Re-sale value of completed homes is estimated at more that £200 million. As a result, over hundreds of brand new homes - ranging from one bedroom flats to five bedroom houses - have been marketed and this impressive performance is continuing.

We also regularly deal with larger organisations such as insolvency agencies, national banks and solicitors. Jeremy Leaf & Co. are therefore well-placed to assess development potential accurately and to offer the widest choice of properties through exciting new projects as well as through the second hand markets in and around north London.

Notes

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Disclaimer - Property reference 28387127. 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 Jeremy Leaf & Co, Residential 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.

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