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116 Edgewood Mews, Finchley, N3 3EZ

451 Sq Ft / Offices

Withdrawn - Last updated: 06 October 2023

Summary

This ground floor corner unit forms part of a larger mixed use development of 68 apartments. Positioned on a very prominent position of the The North Circular Road and benefits from windows on 3 aspects providing plenty of natural light and advertising opportunities from passing traffic.

This property has recently been fitted out by the current occupiers to include double glazing, carpet, LED lighting, raised flooring, WC and tea point.

With ceiling heights of 3.8m there is potential to create a mezzanine floor.

The property benefits from Use Class E and would appeal to a wide range of commercial uses.


Key Points

  • 999 years virtual freehold from July 2022
  • Income producing investment
  • The property can be sold with vacant possession if required
  • Large arched windows to 3 aspects
  • Very prominent positioning
  • Modern construction
  • 3.8m floor to ceiling height
  • 3 phase power supply
  • Use Class E
  • Parking available to purchase by separate negotiation

  • Tenancy

    The property is let to KL Builders Limited (established in April 2024) on 9th November 2022 for a term of 5 years at a rent of £15,000 per annum. There is a tenant only option to determine the lease on 8th April 2025 (providing 12 months prior written notice). A 6 month rent deposit is held.

    Alternatively the Landlord can obtain vacant possession if required.

    Location

    Situated at the intersection of the North Circular Road (A406) and Beechwood Avenue, this area boasts excellent accessibility, being within a 0.5-mile distance from the A1. It benefits from convenient local bus services, while Finchley Central Station (Northern Line) is within a short distance.


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