Residential development opportunity with Planning Permission granted for 3 flats.
Location
The property is situated between 181 and 183 Squires Lane and borders properties to the rear of Long Lane. Finchley Central shopping centre and Underground Station are close by and excellent road communications are afforded via the North Circular Road (A406) and the High Road (A1000).
Accommodation
Lower ground/ground floor 2-bedroom duplex - 1,208 sq ft
First floor 1-bedroom - 551 sq ft
Second floor studio - 403 sq ft
TOTAL - 2,162 sq ft
There may be the opportunity to reconfigure and add an additional floor subject to Planning.
Terms
SITE - Situated on a site of approximately 0.03acre (1,358 sq ft) currently occupied by a small warehouse let on a short-term lease expiring on 11th March 2019 at a rental of £XXX per annum exclusive. Behind the site is a public car park.
PLANNING - Planning Permission Application No. 17/4327/FUL https://publicaccess.barnet.gov.uk/online-applications/ was been granted on 14th March 2018 for the erection of a 3-storey building comprising 3 flats with balconies at first and second floor levels.
PRICE - Offers invited in excess of £XXX subject to contract for the benefit of the freehold interest with tenancy and income derived.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred.