The subject property is located on the west side of the High Road (A1000) on the north corner of Woodside Grove close to the northern boundary of North Finchley, an affluent residential location bordering Whetstone. The High Road is a main commuter traffic route which extends between Tally Ho Corner to the south and Whetstone & High Barnet to the north.
Finchley and Whetstone are highly desirable places to live and the location provides an abundance of leisure, shopping, entertainment, bars and restaurants.
A short distance to the south Berkeley Homes are in the advanced stages of developing 'Imperial Square' a gated residential development comprising one, two & three bedroom apartments and three & four bedroom houses.
The area is well served for transport communications with Totteridge & Whetstone and Woodside Park London Underground Stations (Northern Line) are approximately 0.75 and 1.0 km (0.45 and 0.55 miles) to the north and south respectively. The High Road 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.
The property comprises a three storey 1980s detached office building with ground floor banking hall and secure gated rear car park.
The floor plates are rectangular shaped in plan and while currently partitioned are capable of delivering open plan space.
The banking hall and offices have separate entrances.
The premises are fitted out to a reasonable specification with a combination of marble tiled & carpeted flooring, suspended ceilings with inset luminaires and air conditioning. A single passenger lift operates over ground, first and second floor levels.
PLANNING HISTORY AND PLANNING PERMISSION FOR ADDITIONAL FLOOR
3rd January 1996
Planning permission was granted (ref. N02738H) for a change of use of part of ground floor from class B1 to banking hall (A2).
11th September 1996
Planning permission was granted (ref. N02738J) for a side extension and an additional level of offices to be constructed providing the same amount of space as the existing second floor i.e. c. 265 sq m (2,850 sq ft) net area, increasing the size of the building by a third. As the side extension has been completed, and as Barnet Council have confirmed, 'the development has commenced and the permission has begun, allowing the fourth-storey to be implemented at any time'.
13th January 2004
A further planning permission was granted (ref. C02738N/03) for 'elevational changes to new fourth-storey floor to provide additional office floorspace pursuant to planning ref. C02738J granted 11.09.96'. The planning officer's report for this application confirms the 1996 permission for the extra storey can be implemented at any time.
Freehold for sale with vacant possession
Rateable value: £111,000
Estimated Rates Payable: £54,723 per annum
Service charge: N/A
Local authority: London Borough of Barnet