The property is located on the west side of Ballards Lane to the north of Hutton Grove and immediately south of the Tally Ho Corner intersection with Ballards Lane, High Road (A1000) and Kingsway.
As well as being a highly desirable place to live, North Finchley and the area surrounding Tally Ho Corner is a popular, suburban office and shopping location. There are a number of purpose-built office buildings in the immediate vicinity which are occupied by a variety of businesses including many within the legal and financial sectors. The High Road (A1000), immediately to the north of the property, is a busy traditional high street with occupiers including Pure Gym, Arts Depot, Aldi, Robert Dyas, Nandos, Boots, Starbucks, Superdrug, McDonalds, amongst a wide selection of other retailers, banks, cafes and restaurants.
North Finchley has excellent public transport connections, with West Finchley London Underground Station (Northern Line) within 750m of the property. This provides frequent southbound services to Bank Station with a travel time 29 minutes and Charing Cross Station with a travel time 25 minutes. There are regular northbound services to High Barnet Station with a travel time 7 minutes. North Finchley Bus Station, a major bus terminus with connections throughout Central and Greater London is only 50m to the north. There is easy access to main road communications including the North Circular Road (A406), M1 motorway, A1 and A41.
The property comprises the entire third floor office suite within an imposing five storey, purpose-built, office block.
The office accommodation provides a good mixture of open plan space, partitioned meeting/office rooms, server room and a kitchenette / breakout space. The property is in good condition throughout with excellent natural light, suspended ceilings, LED lighting, raised floors with power points and comfort cooling. The property also benefits from lift access and intercom door entry system, shared WC facilities on floor and use of the additional generous fourth floor breakout space, incorporating kitchen facilities and access to a spacious roof terrace.
The lease will provide for the right to park three cars, with one space in front of the building and the other two within the private secure car park located to the rear of the property and accessed via Dale Grove.
The office is available by way of assignment of the existing lease, expiring 24th December 2029 - a copy of which is available to download from our website. Alternatively, the office may be available on a new lease on terms to be agreed.
Assignment of the 10 year lease expiring 24th December 2029 with a current passing rent of £35,000. Alternatively, a new effectively fully repairing and insuring lease is available on terms to be negotiated. The property is elected for VAT. The property is VAT elected therefore VAT will be payable on the rent.
By prior appointment with Gilmartin Ley, telephone 020 8882 0111.
Rent: £35,000 per annum (approx. £2,917 monthly) £185.18 per sq.m. / £17.21 per sq.ft.
Premium: Nil
Rateable value: £54,000
Estimated Rates Payable: £26,622 per annum
Service charge: A service charge is payable in respect of the maintenance of the estate. The contribution from the subject property is estimated to be approximately £12,707 for the year to March 2026. A copy of the latest service charge information is available to download from our website.
Local authority: London Borough of Barnet
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