Commercial property for sale in Neptune House, Alexandra Grove, North Finchley, London N12

A 2 storey detached office building with single storey projections to front, providing 4330 sq.ft. Approx. There are approximately 11 marked parking spaces.

The building is let in it's entirety by way of a lease dated 15th January 2021 to Ogema Ltd for a term of 10 years expiring 16th January 2031. There is a mutual break clause 17th January 2026, subject to 6 month's written notice, paying £89,000 pax

Expired prior approval for 8 residential units (16/2767/pno)

Location

Alexandra Grove lies off Ballard's Lane, North Finchley, mainly residential in character, intersecting with the High Road (Tally Ho A1000) which is dominated by a modern mixed-use development comprising, flats, a Pure gym, the Arts Depot (performing arts centre) and bus station. West Finchley Underground station (Northern Line) is approximately 550m away to the west.

Business Rates

Rateable value - £45,000 ground floor, £40,500 first floor (as taken from )
This is not the amount you will pay. The rateable value is used to calculate your rates bill.

Please refer to the Local Authority for more information on rates

Legal Costs

Each side to bear both sides reasonable related legal costs.

Tenure

Freehold

EPC

Energy Rating G - valid until July 2028

Viewing

Via owners sole agents Paul Simon Seaton Commercial VAT

Property is elected for VAT