Guide price
£2,100,000
Office for saleHigh Road, London N20
1 sq. ft
About this property
Part Income Producing / Part Vacant
Scope to Convert & Extend (STPP)
High Road Location
Situated on the eastern side of Whetstone High Road (A1000) – opposite Waitrose.
Totteridge & Whetstone station (Northern Line) and Oakleigh Park Station (Mainline), are the closest and serve the general area. The High Road is served by several bus routes. Whetstone has a good array of retail premises, restaurants & coffee shops.
The Ground Floor is currently let to The French Market on a 15 Year lease from September 2020, with a 5 yearly rent review pattern. Following the September 2025 rent review, the current passing rent is £72,000 pax. See plan of the unit prior to the current fitting out for the French Market.
With a gia of approx. 3,200 ft² (297.3m²), STPP there is scope to develop the currently vacant upper floor offices into residential - as well as creating a new floor above. See existing plan of the property, plus provisional drawings for the residential conversion.
Rear Parking: Held on separate title, but forming part of the sale, the rear car park has provision for 5-6 cars. The French Market have 2 of the spaces.
Legal Costs: Each party to pay their own legal costs
Business Rates: According to the voa web site, the Rateable Value for the ground floor from April 2023 is £73,500 and for the first floor it is £59,000. This is not the amount of rates payable. For the actual amount of rates payable, interested parties are advised to make their own enquiries with the London Borough of Barnet.
Viewings – Strictly by appointment only
Totteridge & Whetstone station (Northern Line) and Oakleigh Park Station (Mainline), are the closest and serve the general area. The High Road is served by several bus routes. Whetstone has a good array of retail premises, restaurants & coffee shops.
The Ground Floor is currently let to The French Market on a 15 Year lease from September 2020, with a 5 yearly rent review pattern. Following the September 2025 rent review, the current passing rent is £72,000 pax. See plan of the unit prior to the current fitting out for the French Market.
With a gia of approx. 3,200 ft² (297.3m²), STPP there is scope to develop the currently vacant upper floor offices into residential - as well as creating a new floor above. See existing plan of the property, plus provisional drawings for the residential conversion.
Rear Parking: Held on separate title, but forming part of the sale, the rear car park has provision for 5-6 cars. The French Market have 2 of the spaces.
Legal Costs: Each party to pay their own legal costs
Business Rates: According to the voa web site, the Rateable Value for the ground floor from April 2023 is £73,500 and for the first floor it is £59,000. This is not the amount of rates payable. For the actual amount of rates payable, interested parties are advised to make their own enquiries with the London Borough of Barnet.
Viewings – Strictly by appointment only
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