SoldVacant Freehold Retail Bank and Office Property - London N13

on behalf of Bank of Cyprus

246 Green Lanes,  Palmers Green, LONDON N13 5XT

Features

  • Freehold for sale with vacant possession
  • Prime retailing pitch
  • 3 car parking spaces
  • Affluent North London location
  • Existing Net Internal Area of 371 square metres (3998 square feet)
  • Development potential for alternative planning uses (including residential)
  • 2 minutes walk to Palmers Green Rail Station - 26 minutes to London Moorgate Station
  • Densely populated residential and commercial area

Location

The property is situated on the south side of Green Lanes (A105) at 'The Triangle' in the heart of Palmers Green, an affluent and vibrant North London suburb, approximately 6 miles from Central London.

The occupiers of the properties immediately adjacent to the subject property are Iceland Foods, Ladbrokes, Boots UK, Holland & Barratt and other occupiers within 100 metres of the property include Waitrose Supermarket, Starbucks Coffee, KFC, HSBC Bank, Sharps Bedrooms, WHSmith, Nationwide Building Society and Morrisons Supermarket, McDonald's amongst others. Palmers Green provides abundant leisure, shopping, entertainment, restaurant facilities.

Transport communications are excellent with the property being less than 0.58 km (0.36 miles) north of the North Circular Road (A406) and the M25 motorway (Junction 25) approximately 5.6 km (3.5 miles) to the north-east.

Palmers Green British Rail Station is less 0.14 km (0.08 miles) to the west of the property, with direct and frequent services to London Moorgate Station (26 minutes), connecting with Finsbury Park (Piccadilly & Victoria Underground Lines.

Southgate London Underground Station (Piccadilly Line) is approximately 1.9 km (1.2 mile) to the north west.

Net internal area 371.47 sq.m. /3998 sq.ft. 

Ground Floor148.00 sq.m. / 1593 sq.ft.
First Floor223.36 sq.m. / 2404 sq.ft.

Description

The property comprises a two storey, mid-terrace, retail banking premises with first floor office accommodation and designated parking to the rear, accessed via Trade Close.

The floor plates are rectangular. The ground floor is currently partitioned but could easily be reconfigured to create an open plan space. The first floor office is predominantly open plan in layout.

The premises are fitted out to a reasonable specification with a combination of tiled & carpeted flooring, suspended ceilings with inset luminaires and air conditioning.

The ground floor retail banking hall and first floor offices each have their own separate entrances.

The permitted planning uses are A1 retail and A2 professional and financial services for the ground floor and B1 offices for the first floor.

Terms

Freehold for sale with vacant possession

Rateable value: £27,000

Estimated Rates Payable: £12,960 per annum

Service charge: N/A

Local authority: London Borough of Enfield


Property reference: 22987 Updated: 08 Jan 2016