No longer on the market
This property is no longer on the market
MapRetail property (high street)
Retail property (high street)
2335
Features and description
- Income producing Freehold building in a prosperous North London suburb.
- Planning permission granted and implemented to convert the upper parts into four flats, under planning ref 15/05030/FUL, and the CIL has been paid.
- Subject to obtaining planning permission the building could be suitable for HMO Use.
- The property comprises a double fronted building extending to 2,335 sq ft (217 sq m) NIA.
- All leases are contracted outside the Landlord and Tenant Act 1954.
- Currently producing a total income of £56,240 per annum, with vacant possession obtainable on the upper parts by 31st December 2026.
- Price: £1,250,000 (One Million, Two Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT.
Description
The building comprises a double fronted self-contained building arranged over ground first and second floors.
The first and second floor offices benefit from a separate access at the front of the property and is currently divided into six suites, two of which are currently vacant.
Location
Hendon is a prosperous North London suburb, located some 7 miles from Central London in the London Borough of Barnet. Best known for the RAF Museum and Allianz Stadium, home of the Saracens.
The area is served by excellent road communications including the M1 Motorway, the A406 North Circular Road and the A41 Watford Way. Hendon Central Underground Station provides further communications with Northern Line services.
Local occupiers include Tesco, Betfred, Domino's, Coral, Costa, Paddy Power and Nuffield Health. Brent Cross Shopping Centre offering extensive and multiple shopping facilities, is also within close proximity.
The property is situated on the south-west side of Central Circus overlooking Hendon Way (A41) at its junction with Vivian Avenue. Hendon Central Underground Station (Northern Line) is located opposite, on the other side of Central Circus.
Planning
The London Brough of Barnet have granted planning permission (application number 15/05030/FUL) to provide 4 self-contained flats (1 x studio, 1 x 1 bed and 2 x 1/2 bed duplexes) on the first, second and third floors.
The proposed accommodation will provide:
Flat 1, 1st Floor – 1 Bed Flat - 538 sq ft
Flat 2, 1st Floor – Studio Flat – 478 sq ft
Flat 3, 2nd & 3rd Floors – 1/2 Bed Flat – 667 sq ft
Flat 4, 2nd & 3rd Floors – 1/2 Bed Flat – 646 sq ft
The residential scheme has a total proposed NSA of 2,329 sq ft, above 1,045 sq ft of commercial accommodation on the ground floor.
The consent has been implemented and the CIL paid.
Drawings are available upon request.
The building comprises a double fronted self-contained building arranged over ground first and second floors.
The first and second floor offices benefit from a separate access at the front of the property and is currently divided into six suites, two of which are currently vacant.
Location
Hendon is a prosperous North London suburb, located some 7 miles from Central London in the London Borough of Barnet. Best known for the RAF Museum and Allianz Stadium, home of the Saracens.
The area is served by excellent road communications including the M1 Motorway, the A406 North Circular Road and the A41 Watford Way. Hendon Central Underground Station provides further communications with Northern Line services.
Local occupiers include Tesco, Betfred, Domino's, Coral, Costa, Paddy Power and Nuffield Health. Brent Cross Shopping Centre offering extensive and multiple shopping facilities, is also within close proximity.
The property is situated on the south-west side of Central Circus overlooking Hendon Way (A41) at its junction with Vivian Avenue. Hendon Central Underground Station (Northern Line) is located opposite, on the other side of Central Circus.
Planning
The London Brough of Barnet have granted planning permission (application number 15/05030/FUL) to provide 4 self-contained flats (1 x studio, 1 x 1 bed and 2 x 1/2 bed duplexes) on the first, second and third floors.
The proposed accommodation will provide:
Flat 1, 1st Floor – 1 Bed Flat - 538 sq ft
Flat 2, 1st Floor – Studio Flat – 478 sq ft
Flat 3, 2nd & 3rd Floors – 1/2 Bed Flat – 667 sq ft
Flat 4, 2nd & 3rd Floors – 1/2 Bed Flat – 646 sq ft
The residential scheme has a total proposed NSA of 2,329 sq ft, above 1,045 sq ft of commercial accommodation on the ground floor.
The consent has been implemented and the CIL paid.
Drawings are available upon request.
Property information from this agent
About this agent
Robert Irving Burns - Commercial
Robert Irving Burns, Ground Floor,
19 Margaret Street, London,
W1W 8RR
020 8033 7560Commercial Property Agents in London Whether you want to lease your commercial property, or find the right premises to rent, we can help. RIB’s industry insight and expertise guarantee a smooth, seamless process; from marketing and letting, to acquiring the ideal property. Our commercial letting services include both property disposal and property acquisition. We also have a wide selection of London offices, which are available to rent. We work with investors, developers, tenants and property owners alike, assisting with everything from finding great premises, to marketing and letting the property to the ideal business. Commercial property disposal in London can be complex, and finding a suitable tenant is always a top priority. We help with every aspect of this process, including marketing, negotiations, and liaising with solicitors and professional advisors. Our commercial property acquisition service helps tenants find the perfect place to run their business. From negotiating contracts to carrying out an audit of available properties, our team are here to offer support and guidance. And, if you’re searching for offices to rent in London, in areas such as Fitzrovia, Mayfair, Marylebone and Soho, we’ve got some excellent premises for you to choose from. Read on to find out how we can help you.