Land for sale

Hendon Lane, Finchley N3

Hendon Lane, Finchley N3

Freehold Commercial & Residential Investment - Comprising a ready made investment arranged as 13 individual flats which are let and income producing plus 1 shop which is also let and income producing. There is potential (subject to planning) to create more space to the rear of the development. Please refer to the rent schedule below for further details of income. There is lapsed planning approval for further development of the site. Please refer to London Borough of Barnet Planning Reference 21/5048/ful.

Rental Schedule:

Unit No.
Rent (pcm)
Rent (pa)
Configuration

Flat 1
£1300
£15,600
1 bedroom

Flat 2
£1050
£12,600
Studio flat

Flat 3
£1600
£19,200
1 bedroom

Flat 4
£1400
£16,800
1 bedroom

Flat 5
£1450
£17,400
1 bedroom

Flat 6
£1800
£21,600
2 bedrooms

Flat 7
£1350
£16,200
1 bedroom

Flat A
£1250
£15,000
1 bedroom

Flat B
£1325
£15,900
1 bedroom

Flat C
£1325
£15,900
1 bedroom

nb will be vacant

Flat D
£1400
£16,800
1 bedroom

Flat E
£1300
£15,600
1 bedroom

Flat F
£1400
£16,800
1 bedroom

Shop
£1000
£12,000
Let to After Dark been in occupation over 15 years (2 years remaining)

Total
£18,950 pcm
£227,400 pa

Terms:

• Held freehold subject to the tenancies stated.
• Offers in the region of £2.5m are sought