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Finchley Road, London

£675,000

£740.94 per sq ft

Business rates & charges may apply

Drivers & Norris, London
SIZE AVAILABLE

911 sq ft

85 sq m

SECTOR

High street retail property for sale

Description

LOCATION
The property is well positioned on Finchley Road in Temple Fortune, with excellent public transport links. Golders Green Underground Station is approximately 0.55 miles away and provides access to the Northern Line, offering convenient connections into Central London. Brent Cross Underground Station is also approximately 0.7 miles away, while numerous bus services operate along Finchley Road, providing further connections throughout North London.

DESCRIPTION
The project includes:

Ground Floor Shop

The property comprises a well-proportioned ground-floor commercial unit extending to approximately 911 sq ft (84.7 sq m), excluding the rear garden. The accommodation provides a spacious main retail area, together with a number of additional rooms, WC facilities and ancillary storage.

£23,500 per annum

Rent commencement - 12 March 2024

Lease term - 15 years

Rent reviews - 11 December 2028 and 11 December 2033

Review basis: open market rent, subject to an upwards-only

Planning & Development Opportunity

The property further benefits from planning consent for the construction of additional accommodation to the rear, comprising a new office extending to approximately 462 sq ft, together with a one-bedroom flat extending to approximately 454 sq ft. This provides an attractive opportunity to enhance the existing property and create additional commercial and residential accommodation, subject to the terms and conditions of the planning consent. Further planning and supporting documentation is available upon request.

ACCOMMODATION
Ground Floor Shop - 84.7 sqm (911 sqft)

Office Building - 42.9 sq m (462 sq ft)

One Bedroom Flat - 42.1 sq m (454 sq ft)

AMENITIES
Investment
Development Opportunity
Freehold Sale
Ground Floor Commercial Shop

TERMS
Freehold Sale

OUTGOINGS
Parties are advised to make their own enquiries with the local authority.

VIEWING
Strictly by appointment through Drivers and Norris.

Finchley Road, London

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Golders Green Station0.6 miles
  • Brent Cross Station0.7 miles
  • Hendon Central Station1.2 miles

About Drivers & Norris, London

407-409 Holloway Road London N7 6HP

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 101194006662. 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 Drivers & Norris, 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.