>
High Street, Barnet, EN5 Land for sale
High Street, Barnet, EN5
£1,200,000
High Street, Barnet, EN5
£1,200,000
Our Summary
- An investment opportunity to purchase the freehold, plus 2x residential flats, and a parcel of land with potential for a development, subject to the usual planning consents
- Parcel of land at the rear with Development Potential1
- With scope to extend subject to the usual consents
- DEVELOPMENT POTENTIALLand to the rear of 141A High Street, Barnet
- Lapsed planning permission to create 6 self-contained offices
- Planning Permission Expired and never implemented
Description
This investment opportunity includes a freehold property with two residential flats, one 2-bedroom flat and one 1-bedroom flat, both let on assured shorthold tenancies (ASTs) with potential for extension subject to planning consents. The property also comprises a freehold investment with 10 residential units and 3 commercial units, with a 125-year lease and ground rent increasing over time. Additionally, the property includes a parcel of land at the rear with development potential, which previously had lapsed planning permission to create 6 self-contained offices. With a peppercorn rent on the commercial units and potential for development, this property presents a unique investment opportunity for those looking to capitalize on its potential.