Astrale House, 13 Nether Street. North Finchley, London | Property for sale | Savills
11,162 sq ft
Excess of £5,250,000

Astrale House13 Nether Street. North Finchley, London

  • Joint Sole Agent
  • Freehold
Development land
11,162 sq ft

Key features

  • FREEHOLD ASSET SALE
  • An opportunity to acquire the freehold interest in a high-yielding property.
  • SECURE INCOME
  • The asset is subject to a 5-year lease, at a rent of £500,000pa.
  • ATTRACTIVE SPACIOUS FLOORPLATE
  • The property extends to approximately 11,162 sqft / 1,037 sqm (GIA).
  • DEVELOPMENT POTENTIAL
  • The site presents a variety of development opportunities subject to consents.
  • EXCELLENT CONNECTIVITY
  • Reaching Central London in just 30 minutes.

Savills and Jeremy Leaf & Co are appointed as joint selling agents in the disposal of Astrale House in North Finchley.

About this property

  • Astrale House is configured to provide 40 ensuite bedrooms, a kitchen, staff room and office space across two floors, in which the first floor is served by a staircase and lift, providing a total floor area of 11,162 sqft / 1,037 sqm of accommodation (GIA). The property also benefits from a large south facing garden to the rear and carriage driveway to the front, providing off-street parking. The property is currently used as a sheltered accommodation (C2 use), and is subject to a 5-year lease, from February 2024.

Local information

  • Astrale House is located on Nether Street, North Finchley, in the London
  • Borough of Barnet.
  • North Finchley is a popular and established suburb of north London, which benefits from excellent amenities, green spaces and strong transport links across London.
  • Situated in London travel Zone 4, Woodside Park underground station is a short walk away (c. 1km) from the property and served by the Northern Line, providing regular services to Central London in c.25 minutes. Tally Ho main bus terminal is a few hundred metres away.
  • The neighbouring high street (Tally Ho Corner), provides residents with a variety of local amenities schools, cafes shops – including Waitrose, Tesco and Aldi, bars as well as the Arts Depot with its theatre, gallery and dance studio.
  • The property is in close proximity to a range of green spaces, including Friary Park, Dollis Valley Greenwalk, Finchley Golf Course and Stephens House and Gardens.