£1,000,000

Spencer and Sener

High Barnet, EN5 5UZ

Property key facts

  • Bedrooms

    Studio
  • Bathrooms

    0
  • Internal area

  • Property type

    Flat
  • Year built

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Property description

Additional text is available below.
ONE LOT COMPRISING: 1. Residential Investment- 1 x 2 bed flat and 1 x 1 bed flat both let on AST 2. Freehold Investment- 10 x residential units and 3 x commercial units. 3. Parcel of land at the rear with Development Potential 1. RESIDENTIAL INVESTMENT 1 x 2 bed flat 700ft top floor flat with 37'4 x 21'7 approx. private balcony and allocated parking space. Let on an AST at a rent of £1350 pcm. With scope to extend subject to the usual consents. 1x 1 bed flat 685 sq ft / 63.6 sq m top floor flat with a private balcony and allocated parking space. Let on an AST at a rent of £1250 pcm. 2. FREEHOLD INVESTMENT. 10 x Residential Units & 3 Commercial Units 10 x flats with allocated parking 125 year Lease commencing circa December 2013 Ground Rent: £100 per annum first 25 years £200 per annum second 25 years £400 per annum third 25 years £800 per annum fourth 25 years £1600 per annum remainder of term Service charge: Payable quarterly 3 x Commercial Units with allocated parking. 999 Year Lease. Annual Rent- Peppercorn 3. DEVELOPMENT POTENTIAL Land to the rear of 141A High Street, Barnet. Lapsed planning permission to create 6 self-contained offices. Planning Permission Expired and never implemented. Lease 999 years

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Property Location

High Barnet, EN5 5UZ

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Utility supply

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  • Heating

  • Sewerage

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