The property is situated close to the centre of Barnet, on the west side of St Albans Road and on the corner with Chipping Close.
Being close to Barnet town centre, the property is in close proximity to a full range of local shopping and leisure facilities including The Spires shopping centre.
Local transport communications are excellent - numerous bus services pass through Barnet town centre and High Barnet London Underground Station (Northern Line) is situated 900m to the south.
The property has a site area of 220 square metres (2,368 square feet) and currently comprises a detached two storey Victorian building providing 107 square metres of commercial accommodation plus a large area to the side used for vehicle storage.
Planning permission (B/00012/10) has been granted for 5 one bedroom flats and a small office with cycle storage. Conditions 14 and 15 of the planing consent require contributions to be made in respect of education, libraries, health and traffic regulations - London Borough of Barnet have advised that a total of £10,316.14 will be payable in respect of these conditions, including monitoring.
The property is currently tenanted, and a legal agreement is in place for vacant possession to be delivered by 31st December 2012.
The property is not VAT elected.