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Lot 22 Click here for addendum

Vacant Freehold Investment/Development Opportunity
6 Week Completion

Situation

Located in this prominent position, almost opposite the junction with Meadway and Queen Elizabeth's Girls' School and being less than 200 yards from High Barnet Underground Station (Northern Line).
Barnet is a popular and sought after suburb which lies approx. 12 miles north of central London with easy access to the M25 (Junction 23).

Property

Two mid terraced buildings situated on a Site Area of approx. 5,700 sq ft comprising:
• Deep Ground Floor Shop (formerly a restaurant) with rear single storey extension and a Self-Contained Flat (in need of total refurbishment) on the first floor.
• Ground Floor Take-Away with a Self-Contained Office/Store on the first floor.
• Rear Garden.
The property includes a front entrance that leads to the rear as well as separate rear access from Bedford Avenue.

Accommodation¹

Deep Ground Floor Shop (right side)
Gross Frontage 21'2”
Built Depth 98'3”
Area Approx. 1,496 sq ft

First Floor Flat (right side)
2 Bedrooms, Living Room,
Kitchen, Bathroom/WC
Area Approx. 635 sq ft

Ground Floor Takeaway (left side)
Gross Frontage 19'3” (incl. access door to rear)
Built Depth 42'3”
Area Approx 560 sq ft

First Floor Office/Store (left side)
5 Rooms Area Approx. 520 sq ft

Total Area Approx. 3,211 sq ft

¹Not internally inspected by Barnett Ross. Areas taken from Vendor's floor plans.

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note 1: The property has a variety of residential development opportunities including the following, all of which are subject to obtaining the necessary consents:
• Convert the Self-Contained Office/Store into a Self-Contained Flat.
• Construct a second/third floor for Residential Use.
• Convert part of the existing rear single storey extension into Residential Use.
• Extend the rear of the property for Residential Use similar to adjoining property.

Note 2: Click here to view the floor plans.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

7D High Street, Barnet, Hertfordshire EN5 5UE