Land for sale
98 Great North Road, East Finchley, London N2 0NL
£364.12 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
8,239 sq ft
765 sq m
- SECTOR
Land for sale
Key features
- The site extends to 0.19 acres (0.07 ha)
- And is occupied by a three-storey office building (Use Class E).
- The property benefits from two separate ‘Prior Approval’ permissions:
- Class MA (24/2212/PNE)
- Change of use from commercial (Class E) to 10 residential apartments (Class C3)
- Class AA (24/4184/PNV)
- Additional storeys at 3rd and 4th floors to provide 7 self-contained apartments
- The total residential consented area extends to approx 9,645 sq ft NSA
- Situated 150 metres south east of East Finchley Underground Station
- For sale part freehold, part long leasehold, subject to the existing leases
Description
At ground floor are reception, ancillary areas and an area of under floor parking.
The first floor is vacant. The second floor and part of the ground floor is let on a term of 5 years expiring in November 2028 at a passing rent o £128,000 pa. There is a mutual option to terminate the lease giing six months witten notice.
The property is held Freehold. Part of the area used for car parking is held Leasehold for a term expiring in September 2088.
The site is located in East Finchley, on the Great North Road (A1000), 50 metres from the northern end of The Bishops Avenue, within the London Borough of Barnet.
Local amenities including an array of bars, shops, and restaurants, located primarily along the High Road, c.200 metres north of the Property. Affluent Muswell Hill Broadway is 1.5 k m to the east and Highgate High Street is 2 km to the south. The site enjoys easy access to a variety of green spaces, with entrance to Cherry Tree wood 150 metres north and Highgate Wood 500 metres to the east.
The Property benefits from strong public transport accessibility, with East Finchley Underground Station 100 metres to the north.
Brochures
98 Great North Road, East Finchley, London N2 0NL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- East Finchley Station0.2 miles
- Highgate Station0.8 miles
- Golders Green Station1.6 miles
Notes
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