LAND ADJOINING 373 HIGH ROAD

EAST , LONDON, N2 8HS A FREEHOLD UNCONSENTED DEVELOPMENT OPPORTUNITY FOR SALE ON BEHALF OF FIXED CHARGE RECEIVERS EXECUTIVE SUMMARY

A freehold unconsented development opportunity for sale on behalf of fixed charge receivers.

A planning consent was approved in January 2007 for the erection of 8 luxury apartments (2 x 1 beds, 6 x 2 beds), however this was never implemented.

The site extends to an area of 0.13 acres/0.05 hectares.

The net saleable area of the approved proposed developed site was 5,403 sq ft/501.95 sqm.

LAND ADJOINING 373 HIGH ROAD, LONDON, N2 8HS 2 LOCATION

The site is positioned directly off the High Road and is approached via a slip Road with the only current direct access from the rear.

It is located in East Finchley within the . The site is well postioned in terms of transport links, lying adjacently to the North Circular (A406) which provides easy access to the M1. Finchley Central tube station is the closest underground station, which is 1.4 miles away, providing access into King’s Cross St Pancras and Euston in 20 minutes, Court Road in 25 minutes and London Bridge in 30 minutes via the .

The site has a wide variety of local amenities including THE SITE Glebelands Local Nature Reserve half a mile away. The Great North Leisure Park is also within walking distance (8-minute walk) which offers a range of restaurants such as Wagamama, Pizza Hut, Nando’s and McDonald’s as well as occupiers including Vue Cinema and David Lloyd Leisure Centre.

NOTE:- Reproduced from the Ordnance Survey Map. Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

All distances and travel times taken from Google Maps (www.google.co.uk/maps) and (TfL tfl.gov.uk/) LAND ADJOINING 373 HIGH ROAD, LONDON, N2 8HS 3 LOCATION

THE SITE

All distances and travel times taken from Google Maps (www.google.co.uk/maps) and (TfL tfl.gov.uk/) LAND ADJOINING 373 HIGH ROAD, LONDON, N2 8HS 4 THE OPPORTUNITY

The subject site has a historic planning application for the “erection of a three- storey building with lower ground floor level comprising a total of 8no. self-contained flats.

Associated provision of off-street parking spaces and changes to landscaping.” [C14061F/06]. The flats are configured as 2 x1 beds and 6 x 2 beds. The total saleable area of the proposed scheme was 5,403 sq ft.

The site can currently only be accessed from the rear.

CONDITION

The subject site is currently overgrown by shrubbery.

VIEW FROM REAR ROAD ACCESS VIEW FROM SIDE ROAD

LAND ADJOINING 373 HIGH ROAD, LONDON, N2 8HS 5 CONTACT For further information please contact:

VANDERMOLEN REAL ESTATE PLANNING There is currently no planning consent in place, however a planning application was approved in Jonathan Vandermolen 2007 for the “Erection of a three-storey building with lower ground floor level comprising a total of [email protected] 8no. self-contained flats. Associated provision of off-street parking spaces and changes to landscaping.” 0207 290 2828 [C14061F/06]. However, this consent was never implemented and has now lapsed. 0783 150 9965 TENURE Sam Phillips The site is being sold freehold with the benefit of vacant possession. [email protected] 0203 971 6066 PRICE 0795 634 1581 We are guiding offers in excess of £500,000.

Zach Harris METHOD OF SALE [email protected] 0203 971 6060 The property is for sale by way of private treaty on behalf of fixed charge receivers. 0754 061 2327

The Misrepresentation Act 1967. Vandermolen RE for themselves and for vendors or lessors of this property, whose agents they are, gives notice that: 1 The particulars are produced in good faith, but are a general guide only and do not constitute any part of a contract. 2 No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to this property. 3 The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. 4 Nothing in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. 5 Unless otherwise stated, no investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. August 2020