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Offers in Excess of£1,000,000

High Street, High Barnet, EN5

Description

An investment opportunity to purchase the freehold, plus 2 x residential flats, and a parcel of land with potential for a development, subject to the usual planning consents. Please contact Spencer & Sener for more information.

ONE LOT COMPRISING:
1. Residential Investment- 1 x 2 bed flat and 1 x 1 bed flat both let on AST
2. Freehold Investment- 10 x residential units and 3 x commercial units.
3. Parcel of land at the rear with Development Potential

1. RESIDENTIAL INVESTMENT

1 x 2 bed flat 700ft top floor flat with 37'4 x 21'7 approx. private balcony and allocated parking space. Let on an AST at a rent of £1350 pcm. With scope to extend subject to the usual consents.

1x 1 bed flat 685 sq ft / 63.6 sq m top floor flat with a private balcony and allocated parking space. Let on an AST at a rent of £1250 pcm.

2. FREEHOLD INVESTMENT.

10 x Residential Units & 3 Commercial Units
10 x flats with allocated parking
125 year Lease commencing circa December 2013
Ground Rent: £100 per annum first 25 years
£200 per annum second 25 years
£400 per annum third 25 years
£800 per annum fourth 25 years
£1600 per annum remainder of term

Service charge: Payable quarterly

3 x Commercial Units with allocated parking.
999 Year Lease.
Annual Rent- Peppercorn

3. DEVELOPMENT POTENTIAL

Land to the rear of 141A High Street, Barnet.
Lapsed planning permission to create 6 self-contained offices.
Planning Permission Expired and never implemented.
Lease 999 years

Property details

Tenure
Freehold
Council Tax Band
C
Date Posted
2026-01-29

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
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Enquire about this property

Contact Spencer & Sener, Barnet

14 High Street High Barnet Barnet Hertfordshire EN5 5RU

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