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ESTATE OFFICE INVESTMENTS LIMITED, London

Proudly marketed by

ESTATE OFFICE INVESTMENTS LIMITED, London
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1/4
2

High Road, North Finchley, London N12

Guide price

£1,750,000

Size

6,085

Tenure

Freehold

EPC

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Parking

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Primary use
Residential development
Floorplan
2

Key features

  • Fully let, currently producing £138,693 p.a.
  • Ground Floor let to Topps Tiles, First & Second Floors arranged as offices
  • Value add potential - feasibility study for a residential scheme available on request
  • Net Initial Yield of 7.46%
  • Low Capital Value of £288 per sq ft

Description

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).
ESTATE OFFICE INVESTMENTS LIMITED, London

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Energy performance certificate: Ask agent

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Environmental data
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Brochure

High Road, North Finchley, London N12

NEAREST STATIONS

London Underground

West Finchley Station

0.54 miles

London Underground

Woodside Park Station

0.62 miles

London Underground

Finchley Central Station

0.98 miles

About ESTATE OFFICE INVESTMENTS LIMITED, London

ESTATE OFFICE INVESTMENTS LIMITED, London

A London based boutique property consultancy with a global track record. We are investment and development land specialists, primarily selling land and buildings with and without planning permission, with a focus on residential blocks and commercial investment opportunities in retail, leisure and office space. We also act on behalf of clients on residential and commercial acquisitions.

Established in 1983 with exceptional combined experience, our dynamic team of fourteen work tirelessly to deliver the best possible outcomes for our clients. Entrepreneurial in style with the success which comes with several decades of service, our clients see Estate Office as their long-standing agency of choice

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Disclaimer - Property reference 228224|2253. 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 ESTATE OFFICE INVESTMENTS LIMITED, London. 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.