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Popular
Total views:  2500+
Offers in excess of
£1,000,000

Land for sale

High Street, High Barnet, EN5
Land
Added > 14 days

Key information

TenureFreehold
Council taxBand C

Features and description

An investment opportunity to purchase the freehold, plus 2 x residential flats, and a parcel of land with potential for a development, subject to the usual planning consents. Please contact Spencer & Sener for more information.

ONE LOT COMPRISING:
1. Residential Investment- 1 x 2 bed flat and 1 x 1 bed flat both let on AST
2. Freehold Investment- 10 x residential units and 3 x commercial units.
3. Parcel of land at the rear with Development Potential

1. RESIDENTIAL INVESTMENT

1 x 2 bed flat 700ft top floor flat with 37'4 x 21'7 approx. private balcony and allocated parking space. Let on an AST at a rent of £1350 pcm. With scope to extend subject to the usual consents.

1x 1 bed flat 685 sq ft / 63.6 sq m top floor flat with a private balcony and allocated parking space. Let on an AST at a rent of £1250 pcm.

2. FREEHOLD INVESTMENT

10 x Residential Units & 3 Commercial Units
10 x flats with allocated parking
125 year Lease commencing circa December 2013
Ground Rent: £100 per annum first 25 years
£200 per annum second 25 years
£400 per annum third 25 years
£800 per annum fourth 25 years
£1600 per annum remainder of term

Service charge: Payable quarterly

3 x Commercial Units with allocated parking.
999 Year Lease.
Annual Rent- Peppercorn

3. DEVELOPMENT POTENTIAL

Land to the rear of 141A High Street, Barnet.
Lapsed planning permission to create 6 self-contained offices.
Planning Permission Expired and never implemented.
Lease 999 years

Property information from this agent

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About this agent

Spencer & Sener - New Barnet
Spencer & Sener - New Barnet
14 High Street High Barnet, Hertfordshire EN5 5RU
020 8033 4117
Full profileProperty listings
Established in 2007, Spencer & Sener enjoys a great reputation for achieving results and acting with integrity, honesty and trust. The company has built a solid reputation in the local area by offering the highest standards in customer service and unrivalled knowledge of the local marketplace. Here at Spencer & Sener we offer the support of two experienced partners with over 35 years combined experience in estate agency, always on hand to provide a friendly greeting & advise you through all stages of your property negotiations, be that residential sales, lettings, commercial or overseas. Spencer & Sener, Gold winners of The British Property Awards 2021/2022, a dynamic team are wholly committed to offering you a cohesive service whilst maintaining our friendly approach. As an independent estate agents we listen to your needs then strive to match the right property to you because we understand that your home matters. Spencer & Sener integrity, honesty & trust.
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