For Sale

£375,000

Investment Opportunity, Offices

Friern Park

North Finchley

Offices For Sale - LONG LEASEHOLD INTEREST* (part let & income producing)

Modern office building, to be sold subject to existing tenancies (part vacant).

Conveniently situated for the shopping and transport services at North Finchley, the offices benefit from air-conditioning, a communal kitchenette, a WC on ground & top floors and a parking space (allocated to the ground floor office).

*Head leasehold interest - 999 years from March 2008.

The property is VAT elected: £375,000 + VAT

Viewing strictly by appointment only

TO VIEW
Call 020 8446 0011
Email sales@maundertaylor.co.uk

Property details

Accommodation:
The offices are air-conditioned with additional electric panel heaters. They have perimeter trunking, carpet tiles & suspended ceilings with inset lighting.

Ground floor:
Currently let for £12,000 PA + VAT, on a 5-year lease, which commenced in June 2023. The rent is inclusive of building insurance, service charge, electricity & water.
EPC: B 44
2026 Rateable value: £12,500.

First floor:
Main room is currently let for £13,200 PA + VAT, on a rolling basis – from May 2022. The rent is inclusive of building insurance, service charge, electricity & water.
EPC: B 45
2026 Rateable value: £9,500.

Secondary room has been used independently by the landlord, and will be offered vacant at the point of completion of a sale. As currently configured, this office can only be accessed through the main room.
EPC: C 57
2026 Rateable value: £6,000

Top floor:
Currently vacant.
EPC: B 43
2026 Rateable value: £4,050