£1,000,000 /Sale price

Barnet Greater London EN5

Overview

SUMMARY: Discover an opportunity with this Barnet land for sale and available for £1,000,000 /Sale price. This could be your next ideal home or a smart investment. More details await.
An investment opportunity to purchase the freehold, plus 2 x residential flats, and a parcel of land with potential for a development, subject to the usual planning
consents. Please contact Spencer & Sener for more information. ONE LOT COMPRISING:1. Residential Investment- 1 x 2 bed flat and 1 x 1 bed flat both let on AST2. Freehold Investment- 10 x residential units and 3 x commercial units.3. Parcel of land at the rear with Development Potential1. RESIDENTIAL INVESTMENT1 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 INVESTMENT10 x Residential Units & 3 Commercial Units10 x flats with allocated parking125 year
Lease commencing circa December 2013Ground 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 termService charge: Payable quarterly3 x Commercial Units with allocated parking.999 Year Lease.Annual Rent- Peppercorn3. 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.Lease 999 years
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Details

  • Price: £1,000,000 /Sale price
  • Reference No.: 88435891

Location

Marketed by:

  • Spencer Sener, Barnet
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This Land for sale is located at Barnet EN5. The home has . This Land in Barnet Greater London is for sale for £1,000,000 /Sale price.

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