Lot A Click here for addendum
An Unbroken Block of 12 Flats (6 x 3 Bed and 6 x 2 Bed)
• 9 Flats let on ASTs
• 2 Vacant Flats
• 1 Flat let on a Regulated Tenancy
• Plus Planning for 4 x 2 Bed Flats
In same family ownership for over 50 years
(Approx. £445 psf freehold + Planning for 4 flats)
Situation
Located at the junction of Green Lane and Brent Street and being conveniently situation for the local shopping facilities in Brent Street and Golders Green Road as well as being less than 1 mile from the Brent Cross Shopping Centre.
The property is approx. 275 yards from the intersection with the North Circular Road (A406) and just over ½ mile from Hendon Central Underground Station (Northern Line).
Hendon is a popular and sought after suburb which lies approx. 8 miles north-west of central London.
Property
A substantial detached corner block comprising 12 Self-Contained Flats planned on ground, first and second floors, each with uPVC double glazing, entryphone, independent hot water supply and gas central heating.
The block has 2 front entrances, a rear communal garden and includes a small Basement with restricted head height.
In addition, there is Planning for a further 4 x 2 bed flats on the third floor - see ‘Planning' section.
The entire Site Area is approx. 0.26 acres
Click here to download the floor plans.
VAT is NOT applicable to this Lot
FREEHOLD
Planning
Planning Permission was granted on 26th July 2019 by the London Borough of Barnet for ‘Additional storey to third floor level including 8no. dormers and 11no. rooflights to provide 4no. self-contained residential units'.
According to the floor plans, the flats will comprise:
• 1 x 2 bedrooms (1 with ensuite), Open Plan Kitchen/Diner/Lounge, Bathroom/WC
(Area Approx. 868 sq ft)
• 1 x 2 bedrooms (1 with ensuite), Lounge, Kitchen/Diner, Bathroom/WC
(Area Approx. 872 sq ft)
• 1 x 2 Bedrooms, Open Plan Kitchen/Diner, Bathroom/WC
(Area Approx. 755 sq ft)
• 1 x 2 Bedrooms, Open Plan Kitchen/Diner, Bathroom/WC
(Area Approx. 664 sq ft)
Planning Documents are available to download from the legal pack.
Note 1: This purchase may be subject to Stamp Duty Land Tax Relief for Multiple Dwellings - Applicants should consult their own advisors in this respect.
Note 2: A purchase by a Charity or a Registered Social Landlord may qualify for 100% Stamp Duty Tax Relief - Applicants should consult their own advisors in this respect.
Note 3: There is a 6 Week Completion.
VIRTUAL TOUR
Click here to view the virtual tour of Flat 3.
Click here to view the virtual tour of Flat 7.
Click here to view the virtual tour of Flat 12.
