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For Sale£2,500,000.00

Investment for Sale on 0.41 Acre Freehold Site - Barnet EN4 (Significant development / site assembly potential)

Leisure, Residential Land, General Industrial, Light Industrial, Warehouse, Land, Mixed Use, Residential, Industrial, Commercial Land, Other Property Types & Opportunities , 17859 Sq Ft
Property type: Leisure, Residential Land, General Industrial, Light Industrial, Warehouse, Land, Mixed Use, Residential, Industrial, Commercial Land, Other Property Types & Opportunities
Tenure: Development Opportunity, For Sale Freehold
Size: 17859 Sq Ft
Price: £2,500,000.00
Location: 65A, 65B and 65C East Barnet Road, Barnet, EN4 8RN
The property comprises a fully let complex of mainly single storey buildings with a combined gross internal area of 856.73 square metres (9,222 square feet), arranged on a site of 0.41 acres.

The property benefits from rights of way over the western side of the Shell petrol station forecourt, as indicated by the brown shading on the OS plan.

Notwithstanding further site assembly potential, the property has significant development potential and may be suitable for a number of alternative uses e.g. as a care home, as well as having residential development potential, subject to the necessary planning consent.

65 A East Barnet Road comprises a single storey brick built workshop / factory / office building being operated as a gas safety training facility.

65 A(I) is being operated as a vehicle body-shop.

65 B & C East Barnet Road comprises two separate buildings being operated as a vehicle repair workshop and MOT Testing Centre.

Details of the lettings are shown in the table below and copies of the leases are available to download from the Gilmartin Ley website.

The subject property is located on the north-east side of East Barnet Road (A110) just north-west of the junction with Margaret Road and south-east of the junction with Station Road.

The property is situated to the rear of the Shell Petrol Filling Station, on the opposite side of the road to Sainsbury's.

The area provides a good range of bars, restaurants, leisure, shopping and entertainment facilities.

The property is well served for transport communications with New Barnet Railway Station located circa 200 metres to the west of the subject property, providing regular services to Finsbury Park Station (journey time 19 minutes) and Moorgate Station (journey time 30 minutes). East Barnet Road is a major bus route along which there are numerous services (184, 307, 326, 383 and 384) running at frequent intervals, providing easy access to Enfield, Wood Green, Whetstone, Finchley, Barnet, Brent Cross Shopping Centre and Cockfosters, amongst others. There is easy access to main road communications including the North Circular Road (A406), M1, M25 and A1M.
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