New Southgate is a residential suburb lying approximately 8 miles north of central London. The property is situated within the established Brunswick Industrial Park in the heart of North London and is strategically positioned to provide excellent access to the North Circular Road just 0.5 miles to the south. The M25 and M1 are within 5 miles to the north and west respectively and the M11 less than 10 miles to the east, all of which provide excellent communication links with Greater London and to the north.
Arnos Grove London Underground Station (Piccadilly Line) lies a quarter of a mile to the south-east, with a regular 3 minute interval service to central London. New Southgate British Rail Station is situated less than half a mile from the subject property and provides a regular service, approximately every 20 minutes, to London Kings Cross Station (travel time circa 20 minutes).
We acquired the freehold interest of this terrace of three intercommunicating warehouses on behalf of a consortium of owner occupier / investor clients from Henderson Global Investors in March 2010.
The property was being marketed to let but we negotiated the freehold acquisition, subject to obtaining planning permission for extension of the permitted hours of use and extension of the permitted B8 use to incorporate B1c, B2 and B8 uses.
The property has a 5.5 metre eaves height, three phase electricity and six full height electrically operated loading doors.
Following the acquistions we went on to market the space that was not required for our client's own occupation.
Freehold acquired with vacant possession