High Road, North Finchley, London N12

Highly desirable freehold commercial investment opportunity located on North Finchley High Road. Fully let on two FRI leases, producing a total passing rent of £138,693 per annum. Ground Floor is let to Multi Tile Limited (T/A Topps Tiles) on a lease expiring in 2030 (no breaks). First and Second Floors are arranged as an office and let to a private accountancy practice on a lease expiring in 2034 (mutual break in 2030). Total accommodation of approximately 6,085 sq ft on a site of approximately 0.092 hectares (0.23 acres), including a substantial rear car park. Significant value add potential: our client has conducted a feasibility study for a residential scheme (can be provided on request). The property is elected for VAT and is anticipated to be sold as a TOGC (transfer of a going concern).