East End House, East End Road, East Finchley, London N2 0SE Grade II Listed Villa with Development Potential For Sale www.kingsbury-consultants.co.uk East End House, East End Road, East Finchley, London N2 0SE
HOME SUMMARY DESCRIPTION & LOCATION EXISTING PLANS DEVELOPMENT TERMS
SUMMARY
• Grade II Listed Villa and associated buildings extending to approximately 10,903ft2 GIA over 2-storeys and basement occupying a site of over 1 acre • Potential for residential or mixed-use redevelopment by way of conversion of the Listed building plus new build elements, subject to obtaining the necessary consents • Sought-after residential location in close proximity to Hampstead Garden Suburb and Finchley town centre, and circa 0.8 miles from Finchley Central Underground Station (Northern Line services) • Offers invited in excess of £4,750,000 for the vacant freehold interest, reflecting a low capital value of £436 per ft2 on existing areas www.kingsbury-consultants.co.uk East End House, East End Road, East Finchley, London N2 0SE
HOME SUMMARY DESCRIPTION & LOCATION EXISTING PLANS DEVELOPMENT TERMS
DESCRIPTION
The property comprises a detached building extending to approximately 10,903ft2 GIA over basement, ground and first floors.
The main Georgian building dates back to the early 19th Century (circa 1800 - 1817) and has been extended and adapted over the years, as recently as 1976.
The property, which has been vacant since September 2016, was most recently used as a residence by friars and is currently arranged as living accommodation including kitchen, dining area, library and 17 bedrooms with storage in the full height basement.
The buildings occupy a site area of over 1 acre which incorporates attractive landscaped grounds and car parking. The property is accessed from a gated entrance via East End Road and provides extensive frontages onto Thomas More Way and Julian Close. The site also benefits from a vehicular right of access to the northern boundary via Julian Close. LOCATION FINCHLEY
The property is located on the northern side of East End Road in East Finchley and bounded by FINCHLEY CENTRAL Hampstead Garden Suburb, within the London Borough of Barnet.
The immediate area comprises mainly of high quality residential properties, including 8 luxury new houses which have been developed on the adjoining property. The other surrounding uses include Buckland House (an office and community building) and the new Chandos Tennis Club, which have both been recently developed.
There are a collection of shops and restaurants available approximately 250m along East End Road, and more substantial commercial offerings available in Finchley town centre (Regent’s Park Road and Ballard’s Lane) circa 0.5 miles to the north-east and East Finchley High Road is approximately 1 mile to the south-east.
The area benefits from excellent road links with the A406, A1 and M25 all within close proximity. The HAMPSTEAD GARDEN SUBURB nearest station is Finchley Central (approximately 0.8 miles to the north-east of the property) which provides Northern Line Underground services, with journey times including: EAST FINCHLEY EAST FINCHLEY King’s Cross St. Pancras – 18 mins | Tottenham Court Road – 21 mins | Bank – 27mins www.kingsbury-consultants.co.uk East End House, East End Road, East Finchley, London N2 0SE
HOME SUMMARY DESCRIPTION & LOCATION EXISTING PLANS DEVELOPMENT TERMS
EXISTING FLOOR PLANS
Existing Ground Floor Plan Existing First Floor Plan EXISTING AREA SCHEDULE
Floor Accommodation GIA ft2 GIA m2
Basement Storage and boiler room 1,022 95 Breakfast room, kitchen, dining room, library, Ground 6,555 609 office, laundry room, utility room, 2 bedrooms First 13 bedrooms, 2 ensuite bedrooms, 4 bathrooms 3,326 309
Total 10,903 1,013 www.kingsbury-consultants.co.uk East End House, East End Road, East Finchley, London N2 0SE
HOME SUMMARY DESCRIPTION & LOCATION EXISTING PLANS DEVELOPMENT TERMS
PLANNING & DEVELOPMENT POTENTIAL Existing Site Layout
The property is Grade II listed. The site is not located within a Conservation Area and is not zoned within the Local Authority’s UDP.
Further details of the Listing can be viewed here.
The property offers potential for a number of alternative uses such as residential, care home, retirement living and institutional, subject to obtaining the necessary consents.
A pre-application report has been prepared and submitted to show a mixed-use scheme comprising 14,408ft2 of residential accommodation and 7,203ft2 NIA of offices via conversion of the original 19th Century building with part-2, part-3 storey new build extensions on either side. These can be viewed in the dataroom.
The Local Authority have provided written confirmation that, in principal, residential use would be acceptable. The demolition of part of the existing non-original elements of the building is acceptable. Similarly, there is no in-principle objection to the subdivision of the house, subject to a development that is sympathetic to the listed building.
Indicative Proposed Front Elevation www.kingsbury-consultants.co.uk East End House, East End Road, East Finchley, London N2 0SE
HOME SUMMARY DESCRIPTION & LOCATION EXISTING PLANS DEVELOPMENT TERMS
TENURE
The property will be sold freehold and subject to vacant possession on completion.
VAT
The property is not elected for VAT.
TERMS
Offers are invited in excess of £4,750,000 which reflects a low capital value of £436 per ft2 on the existing GIA.
ADDITIONAL INFORMATION
Further information including existing and indicative floors plans and the legal pack can be viewed in the dataroom using access code ‘Eastend’.
CONTACT To discuss any aspect of the property of disposal process, please contact the sole selling agents:
Paul Heale 020 7183 2529 [email protected]
Keir Goldstein 020 7183 2529 [email protected]
Kingsbury 1st Floor, 81 Alie Street, London E1 8NH
Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.