23-35 Hendon Lane, Finchley Central, London, N3 1RT
7,930 Sq Ft / Offices
For Sale
- £3,250,000.00
To Let
- £110,500.00
per annum
Available - Last updated: 10 February 2025
Summary
The Ground Floor self-contained Offices with its own self-contained entrance, comprise a large open plan office area plus 10 partitioned offices, a kitchen and 3 WC's/Washrooms. There is a covered forecourt parking area for 3 cars. The Ground Floor Offices are let to Barnet MENCAP on a Full Repairing & Insuring Lease granted inside The Landlord & Tenant Act 1954, for a term of 15 years from the 25th December 2021 expiring in December 2036, subject to 5 yearly Rent Reviews (next Rent Review in December 2026), with a Tenants Option to Break the Lease at the end of the 10th year of the term, subject to 6 months prior notice being given to the Landlords, at a current passing rent of £65,000 per annum exclusive.
This first floor self-contained Vacant Offices benefits from having its own ground floor entrance. The office is divided to form two large open plan office areas plus 8 modern partitioned offices that could be removed to create a large open plan area if required. There is a kitchen plus three WC's/Washrooms plus two staircases at either end of the building. The First Floor offices have the benefit of 5 covered parking areas fronting the building.
Key Points
Recently Refurbished First Floor OfficesAir Conditioning (First Floor Only)Independent Gas Central Heating to Both FloorsDouble Glazed WindowsWindow BlindsEntryphoneWood Strip & Carpeted FlooringSuspended Ceilings with LED/Fluorescent LightingSecurity & Fire AlarmsPossible Development for Residential Use (Subject to Planning)Location
The property is situated on the south side of Hendon Lane close by the junction of Regents Park Road and within minutes away from Finchley Central Station (Northern Line) and major road links such as the A406 North Circular Road and Henley’s Corner and Junction 1 of the M1 Motorway situated at Staples Corner.
DEVELOPMENT POTENTIAL
There is development potential to add a second floor to the building having a gross area of 4,490 sq. ft. approx.
Planning consent dated the 23rd January 2002 was granted by Barnet Council for an additional floor of 4,490 sq. ft. (gross). Purchasers would need to re-apply for this planning consent. Residential use may also be an immediate alternative to this additional floor as well as the 1st floor subject to obtaining the necessary consent.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£3,250,000.00
| NA |
| |
To Let
|
£110,500.00
| per annum |
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