Freehold Development Opportunity with Planning Consent
Site area 0.14 hectares (0.33 acres)
Planning consent granted for 25 flats (with no affordable housing requirement) and B1 Office on the ground and lower ground floor
Immediately opposite East Finchley Underground Station
Highly affluent North London suburb
150 metres north of The Bishops Avenue
Lot 27
Auction 26th March 2020
Vacant Possession
Status Withdrawn Prior
Price
Sector Development
Auction Venue The Montcalm Hotel 2 Wallenberg Place Marble Arch London W1H 7TN
Property Information
Location
Miles
5 miles north of Central London
1 mile south of A406 North Circular Road
1 mile north of Hampstead Heath
Roads
A1000, A406 North Circular Road, A1, M1
Rail
East Finchley Underground Station
(Northern Line)
Air
London Heathrow, London Stansted
Situation
East Finchley is an affluent and attractive North London residential suburb. The property is situated on the east side of High Road (A100), directly opposite East Finchley Underground Station. Commercial occupiers in the locality include McDonald's UK headquarters office, whilst
The Bishops Avenue, one of the most affluent residential streets in London, is approximately 150 metres to the south.
Tenure
Freehold.
Location
Miles
5 miles north of Central London
1 mile south of A406 North Circular Road
1 mile north of Hampstead Heath
Roads
A1000, A406 North Circular Road, A1, M1
Rail
East Finchley Underground Station
(Northern Line)
Air
London Heathrow, London Stansted
Situation
East Finchley is an affluent and attractive North London residential suburb. The property is situated on the east side of High Road (A100), directly opposite East Finchley Underground Station. Commercial occupiers in the locality include McDonald's UK headquarters office, whilst
The Bishops Avenue, one of the most affluent residential streets in London, is approximately 150 metres to the south.
Tenure
Freehold.
Description
The property comprises a broadly level and rectangular site of approximately 0.14 hectares (0.33 acres) upon which there is a small office building and a car park.
VAT
VAT is applicable to this lot.
Planning
Planning permission has been granted under London Borough of Barnet reference number 18/5822/FUL for the demolition of the existing buildings and construction of 2 x four storey buildings providing 25 self-contained flats and 480 sq m (5,164 sq ft) of B1 office space. The consent granted makes no requirement for affordable housing.
A further application has been made to increase the number of flats to 25 units.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a broadly level and rectangular site of approximately 0.14 hectares (0.33 acres) upon which there is a small office building and a car park.
VAT
VAT is applicable to this lot.
Planning
Planning permission has been granted under London Borough of Barnet reference number 18/5822/FUL for the demolition of the existing buildings and construction of 2 x four storey buildings providing 25 self-contained flats and 480 sq m (5,164 sq ft) of B1 office space. The consent granted makes no requirement for affordable housing.
A further application has been made to increase the number of flats to 25 units.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
