SoldFreehold Development Opportunity

Planning permission granted for extension and residential conversion

141 High Street,  Southgate, LONDON N14 6BP

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Location

Southgate is an attractive and affluent North London residential suburb lying around 7 miles north of Central London. Junction 24 of the M25 is approximately 4 miles to the north and the A406 North Circular Road is approximately 1.5 miles to the south. Southgate London Underground Station (Piccadilly Line) and bus terminus are less than two minutes walk from the property and travel time to central London on public transport takes approximately 25 minutes.

Gross internal area 1720.66 sq.m. /18521 sq.ft. 

Proposed 4th (5 x 1 bed, 1 x 2 bed)282.89 sq.m. / 3044 sq.ft.
GIA 326.00 sq m
Proposed 3rd (5 x 1 bed, 1 x 2 bed)299.33 sq.m. / 3221 sq.ft.
GIA 341.98 sq m
Proposed 2nd (5 x 1 bed, 1 x 2 bed)322.28 sq.m. / 3468 sq.ft.
GIA 369.01 sq m
Proposed 1st offices326.93 sq.m. / 3519 sq.ft.
GIA 377.93 sq m
Ground (Barclays)170.38 sq.m. / 1833 sq.ft.
GIA 305.74 sq m
Ground (Anthony Charles)39.21 sq.m. / 422 sq.ft.
  • Existing 2nd (offices) 259.57 sq.m. / 2793 sq.ft.
    GIA 329.25 sq m
  • Existing 1st (offices) 252.05 sq.m. / 2713 sq.ft.
    GIA 329.25 sq m
Plus:


Description

Substantially built three-storey building arranged as retail on the ground floor and offices on first and second floor levels.

Planning permission has been granted (ref: TP/04/1973) to extend the first floor offices, convert the second floor to residential and add third and fourth floors of residential.

Terms

Freehold. 1st and 2nd floors vacant possession. Ground floor unit let to Barclays Bank plc on a lease expiring May 2011 at £29,000 pax. Ground floor office let to Anthony Charles Estate Agents on a 15 year lease from 25th November 2008 at £14,000 pax.

Local authority: London Borough of Enfield


Property reference: 19596 Updated: 29 May 2012