The subject property is located on the west side of Nether Street on the south corner of Grosvenor Road in Finchley Central, an affluent residential area bordering West Finchley and Mill Hill East.
Finchley is a highly desirable place to live and work. The location provides an abundance of bars, restaurants, leisure, shopping and entertainment facilities. Local education provision is excellent with St Michael's Catholic Grammar School, Wren Academy Finchley and The Compton School all being within 1.5 km of the property - all three are rated Outstanding by Ofsted.
Local leisure facilities include: Victoria Park, one of Finchley's best-used green spaces, which is only 700m to the east; and Finchley Lawn Tennis Club 500m to the north; Finchley Golf Club 700m to the west. The Great North Leisure Park which includes Vue Cinema, Finchley Lido, Hollywood Bowl as well as Nando's, Wagamama and McDonald's is 1.4km to the east.
The area is well served for transport communications with Finchley Central, West Finchley and Mill Hill East London Underground Stations (Northern Line) approximately 0.53, 0.6 and 1.1 kilometres (0.31, 0.37 and 0.6 miles) to the south, north and west respectively. Ballards Lane is a major bus route along which there are numerous services running at frequent intervals and there is easy access to main road communications including the North Circular Road (A406), M1 motorway, A1 and A41.
Gross internal area 806.65 sq.m. / 8682 sq.ft.)
The property comprises a pair of semi-detached Edwardian houses, originally built circa 1903, which have subsequently been made to intercommunicate and converted for use as a hotel.
The property occupies a site of 0.2 acres. The building is arranged over lower ground, ground, first & second floors and has a gross internal area of approximately 806.65 square metres (8,682 square feet).
Indicative drawings are available to download showing how the existing space can be reconfigured to provide a 34 room hotel. Apart from the existing hotel use the property may suit alternative uses, or there may be potential for complete redevelopment of the site, subject to obtaining the necessary planning consents.
Freehold for sale with vacant possession on completion. Our client may also consider proposals on a leasehold basis.
By prior appointment with Gilmartin Ley, telephone 020 8882 0111.
Rateable value: £46,750
Estimated Rates Payable: £22,440 per annum
Service charge: n/a
Local authority: London Borough of Barnet
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