Asking Price £3,350,000
DEVELOPMENT OPPORTUNITY. Offered for sale for the first time in circa 60 years, a three storey freehold semi-detached commercial office building of some 6,738 sq ft, located in the heart of Finchley to the rear of Tesco, which comes with covered off street parking.
The building is presently fully let to two tenants (one of which enjoys a Secured Tenancy) both of which presently generate an income of £94,250 per annum. Full vacant possession could be provided by both tenants by June 2023.
In addition to the commercial property, our clients are offering for sale a two bedroom, semi-detached, two storey freehold cottage of 1,033 sq ft, which is located two doors away and comes with off street parking for two/three cars and two small patio areas.
Planning consent could be sought for a substantial residential apartment scheme, subject to the relevant planning approval from the local authority which in this case is Barnet.
This offering can only be purchased as a single parcel and our clients will only consider unconditional offers.
Full details and accompanying documentation upon request. Contact Jeremy Karpel on 07767 325 925 or firstname.lastname@example.org.