No longer on the market
This property is no longer on the market
Floorplan
MapRetail property (high street)
Retail property (high street)
451
Features and description
- 999 years virtual freehold from July 2022
- Income producing investment
- The property can be sold with vacant possession if required
- Large arched windows to 3 aspects
- Very prominent positioning
- Modern construction
- 3.8m floor to ceiling height
- 3 phase power supply
- Use Class E
- Parking available to purchase by separate negotiation
Description
This ground floor corner unit forms part of a larger mixed use development of 68 apartments. Positioned on a very prominent position of the The North Circular Road and benefits from windows on 3 aspects providing plenty of natural light and advertising opportunities from passing traffic.
This property has recently been fitted out by the current occupiers to include double glazing, carpet, LED lighting, raised flooring, WC and tea point.
With ceiling heights of 3.8m there is potential to create a mezzanine floor.
The property benefits from Use Class E and would appeal to a wide range of commercial uses.
Location
Situated at the intersection of the North Circular Road (A406) and Beechwood Avenue, this area boasts excellent accessibility, being within a 0.5-mile distance from the A1. It benefits from convenient local bus services, while Finchley Central Station (Northern Line) is within a short distance.
Tenancy
The property is let to KL Builders Limited (established in April 2024) on 9th November 2022 for a term of 5 years at a rent of £15,000 per annum. There is a tenant only option to determine the lease on 8th April 2025 (providing 12 months prior written notice). A 6 month rent deposit is held.
Alternatively the Landlord can obtain vacant possession if required.
This ground floor corner unit forms part of a larger mixed use development of 68 apartments. Positioned on a very prominent position of the The North Circular Road and benefits from windows on 3 aspects providing plenty of natural light and advertising opportunities from passing traffic.
This property has recently been fitted out by the current occupiers to include double glazing, carpet, LED lighting, raised flooring, WC and tea point.
With ceiling heights of 3.8m there is potential to create a mezzanine floor.
The property benefits from Use Class E and would appeal to a wide range of commercial uses.
Location
Situated at the intersection of the North Circular Road (A406) and Beechwood Avenue, this area boasts excellent accessibility, being within a 0.5-mile distance from the A1. It benefits from convenient local bus services, while Finchley Central Station (Northern Line) is within a short distance.
Tenancy
The property is let to KL Builders Limited (established in April 2024) on 9th November 2022 for a term of 5 years at a rent of £15,000 per annum. There is a tenant only option to determine the lease on 8th April 2025 (providing 12 months prior written notice). A 6 month rent deposit is held.
Alternatively the Landlord can obtain vacant possession if required.
Property information from this agent
About this agent
Forest Real Estate is a young, independent commercial agency with a primary focus on the Office and Industrial/Logistics markets across Central & Greater London, as well as the Home Counties. With a strong market presence, we are recognised as a trusted partner for both small and large commercial real estate owners, delivering innovative marketing solutions tailored to each asset. We provide Landlords and Tenants with comprehensive advice, backed by market data and deep expertise in our sectors.