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Regents Park Road, London N3

Vacant Freehold Shop & Upper Parts With Planning Permission For A Mixed-Use Development
  • A prominent mixed-use building comprising a vacant class E unit over ground and lower ground with a maisonette over the first and second floors which benefits from planning permission for re-development.
  • Planning Permission Granted LB of Barnet: (20/4554/FUL) to create 3 self-contained flats with commercial space at the ground floor by way of conversion, extension and addition of a mansard roof.
  • Conveniently located 0.3 miles from Finchley Central Station (Northern Line).
  • Located and surrounded by all the local amenities, bars, restaurants and transport links on Regents Park Road, Ballards Lane and Hendon Lane N3.
  • Consented scheme will comprise 2 x 1 bed, 1 x Studio and 2 x Class E units.
  • All of the proposed apartments will benefit from private outside space.
  • A non-material amendment has been submitted reconfiguring the one bedroom apartment (736 sq ft) into a two bedroom and the studio flat (409 sq ft) into a one bed.
  • Proposed Residential NSA 168 sq m / 1,817 sq ft.
  • Proposed Commercial GIA 109 sq m / 1,173 sq ft.
  • Total estimated CIL £24,480.
  • Freehold.
  • Vacant possession.
  • Offers invited in excess of £700,000 (Seven Hundred Thousand Pounds) subject to contract.
  • Reflecting a low capital value of £234 psf against the consented envelope.
Optimized Exterior 270 Regents Park Road edited
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