TYPEOffice, Leisure, Retail, Retail - Out of Town, Leisure Property, Land, Design & Build, Healthcare, Showroom, Offices, Licensed & Leisure, Commercial Land, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Under Offer, For Sale Freehold
POSTED ON27th October 2022
Of interest to owner occupiers, developers and investors.
Features: - Rarely available versatile freehold building with vacant possession - Suitable for a wide variety of commercial uses and residential development STPP - Highly desirable and affluent North London location - Gross internal area: 269 sq.m. (2,900 sq.ft.) - Site area: 0.15 acres - Low site coverage of approximately 25% - Excellent communications via road and rail - New Barnet Station: 550M - Oakleigh Park Station: 750m - Cockfosters London Underground Station: 1.62km
The property comprises a brick built, two storey detached building on a site of approximately 0.15 acres.
The building was last used as a gym and is configured as two predominantly open plan studios at ground and first floors. The ground floor rear extension provides office accommodation and ancillary storage space. There are kitchen and WC facilities at both ground and first floor levels.
Externally, the front and rear surfaced yards currently provide parking for approximately 12 vehicles.
The building is suitable for a variety of alternative uses, including residential development STPP.
Location: The subject property is located in New Barnet on the west side of Lancaster Road, a mixed commercial and residential street running parallel to the railway line and which connects Longmore Avenue in the south with Margret Road to the north.
The property is conveniently located for access to the facilities in both East Barnet Village and New Barnet, which are c.500m to the east and north respectively. The area provides a good range of bars, restaurants, leisure, shopping and entertainment facilities. Local occupiers include Sainsburys, Aldi, Tesco Express, Screwfix, Costa Coffee, Charge Up Gym, The Post Office and a number of cafes, pubs & independent retailers. There is easy access to green open spaces, with Oak Hill Park only 750m distant and Trent Park only 1.62km.
Public Transport communications are excellent with New Barnet Railway Station only 550m to the north of the property, which provides direct and regular services to London Moorgate (c.28 minutes journey time), Finsbury Park (c.12 minutes journey time) and Welwyn Garden City (c.20 minutes journey time). Oakleigh Park Railway Station which is on the same line is located 750m to the south. Cockfosters London Underground Station (Piccadily Line) is 1.62km to the east. Additionally, numerous bus services run along Longmore Avenue with connections to High Barnet, Finchley and Brent Cross.